20 April 2013
Dear Sir, I'm working in nationalised bank as Manager Credit. I'm in 10% bracket.Please suggest me any good tax saving tool with attractive returns so that my employer don't deduct TDS. I'm not interested in any Insurance scheme.
20 April 2013
The best scheme is PPF. You can invest up to Rs. 1 lac, get tax free attractive returns. However, you have to keep it running for 15 years. . You can invest in Tax savings FDRs also. . Certain Tax Saving Mutual Funds are also notified on time to time- which may yield more returns as risk involved is also higher.
CAclubindia
