Hi
I am currently holding 3 policies:
1. LIC Jeevan Saral (12k Yearly),
2. LIC Wealth Plus (20k Yearly)
3. HDFC SL ProGROWTH 2 (50k yearly)
4. Health Insurance (3500 Yearly)
and a PPF account.
After paying the premium for these policies I have around 50 – 70 K to invest.
Please suggest where shall I invest to get maximum returns?
I am earning 30 K monthly. What can i do to minimise the tax?
Is it wise to put 10 K in PPF yearly?
Also i want to confirm — we can declare max 1 lac investment for tax relief ?