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My taxable income is Rs.50,000-00 after all deductions. Is there any option,other than investment in NSC Bonds?

April 26, 2017Business deductions Finance income India Investment option taxable taxes

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My taxable income is Rs.50,000-00 after all deductions. Is there any option,other than investment in NSC Bonds?

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You can invest in PPF, ELSS, Infra-structure bonds, Pension fund or Time deposits with Post Office. LIC premium paid for parents’ policy is not eligle for deduction.