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Investment Options where I dont have to pay Income Tax ! (except Real Estate)

Hello,

Due to market fall and uncertainty, we have redeemed all our Mutual Funds worth Rs. 25 Lacs. We are thinking of investing into a Flat. But would like to know other options (except real estate) where in there would be no risk and no uncertainity.  We dont wish to do Fixed Deposit since it would attract income tax.

Hence kindly suggest.

Regards,

Varsha

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