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Dec 27, 2016 at 14:27 comment added Dheer @taxpayer334 In your case it will be Rs 5000/-. It will be Rs 4,00,000-Rs2,50,000 - [Your Investment 50,000]. Balance Rs 1,00,000 and tax at 10% will be Rs 10,000.
Dec 27, 2016 at 12:23 comment added tax payer 334 Hi... Thanks.... what if i just invest Rupees 50,000 in PPF account..in that case, how much tax i can save ?
Dec 27, 2016 at 11:20 history answered Dheer CC BY-SA 3.0