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Which Tax saving scheme or investment is to be selected if there is no previous investment at all

Dear Manish,

With so many options in the market today I\\\’m very confused with which Tax saving scheme or investment tool is to be selected? I have no previous investement as of now. Had ULIP 2 years back but have discontinued that. Since it is already Jan 2013, pl suggest which option will be maximum benefitiing for a newbie like me. Have to invest upto 1Lac. If it is FD or MF then which company? what about PPF and how much amount can I invest there?

Pl advise. 

Regards,

Soni 

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