Last updated: September 4th, 2019
Everyone wants to save tax and increase their income.
However, with so many ways to save tax, it is not easy to choose the best tax saving investment.
Consider this scenario:
Varun, an employee in a well known company, wants to save tax on his salary.
His father, a retired government employee, wants him to invest in PPF and bank FDs to save income tax.
The friendly next-door aunty, his mother’s friend and a well wisher, advises him to take a LIC policy. She is a LIC agent herself and she would be able to help him choose the best plan.