POSTED BY April 10, 2012 1:23 pm COMMENTS (6)ON
How to save TAX by Creating Minor Child Trust?
I want to open a non profit Child Trust for my 4 years old daughter. If I invest 1 Lakh rs per year till she becomes 18Years old, will these 1Lakh Rs will be reduced from my “Taxable Income?”
Please advice, How one can save Tax by creating such Trust in general?