My CTC is 1.70lacs. I m 22. MAle. Where shall i invest to save tax? My sal hav a big breakup. i mean HRA, medical allowance,Travelling allowance. If i produce Medical bill worth say 10000(d amt allowed)will this B reduced from the the CTC.? Kindly advice.
RE:please advice
by sandeep on Jan 04, 2006 12:22 PM Permalink
you can invest in LIC,PPF ,ELSS and NSC. ELSS is risky, if you can take little risk then go for it.