Hi,
Please find below Tax saving investment under 80c, and do advice on tax saving.
1.EPF:25332/-
2.PPF:10000/-
3.KOTAK PREFERED TERM PLAN:10782/- (Start Date:20/10/2011 for 25YRS for 5000000/-)
4.RELIANCE AUTOMATIC INVESTMENT PLAN-REG (ULIP):10000/-(Start Date:21-06-2007-for 10Yrs & Sum assured:150000.00)
5.Max Life Endowment to Age 60:5999/-(Start Date:07/10/2004-Maturity:07/10/2035)(Sum Assured-188086.00)
6.LIC JEEVAN TARANG:50000/- (Started Last year but stopped continuing from this year after reading artical on jeevan tarang)
7.APOLLO MUNICH EASY HEALTH PLAN:9894/-
Now I’m looking on closing RIL ULIP and MAX Endowment policy also. If i should start ELSS fund then how much to invest and via lumpsum or sip as already 6 months have lapsed and in which ELSS Fund.
Please advice how to achieve tax saving.