Wednesday, February 9, 2011

Income Tax Savings

Income Tax for 2010-11.

All your savings limit is only Rs.1,00,000.

PF, PPF, GPF, CPS, APGLI, ULIP, GIS, NSC, PLI, UTI/LIC MF, Principle of Home Loan, Tuition Fee, etc.

Under Section 80DDB- Donations to CM, PM Fund is 100% IT exemption.

Under Section 80G   -  Others 50% IT exemption.

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