January 16, 2014 10:10 am
i want to reinvest my lic maturity for a period of 7-10 years . how to save tax and generate tax free money on maturity.
Dear Vimal, she may invest in debt funds or even bank FDs. Her income tax slab is just 10% so FDs are also a good option.
Dear Vimal, is your mother earning any income as on date?
My mother’s net annual income is around 3L .
Dear Vimal, how much amount is involved? What do you want at the end of 7-10Y from this money? What are your other current investments?
The lic maturity is of my mother age 58 is around 4L. i want to reinvest for 7-1o years period by saving tax and on maturity my mother gets tax free money.
where should i invest f.d, ppf ,or any other bonds where interest is tax free and maturity is taxfree.,
pls give your valuable suggestion
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