Income Tax 80C to 80CCG Save TAX 2012 13
Life Insurance (Section 80C) With tax savings, Life Insurance purchase becomes an effective long term savings cum protection option. Maximum tax saving through Life Insurance is 30,900. Know More Health Insurance (Section 80D) Health Insurance is a cost effective way to protect your family against medical exigencies. You can get Health Insurance for self, immediate family or parents. It can save you 10,815 on Income Tax. Know More Equity Linked Savings Scheme (ELSS) (Section 80C) ELSS is a category of Mutual Fund schemes that invest primarily in stocks and are eligible for Section 80C benefits. Here too, you can save up to 30,900 on Income Tax. Know More Tax Saver Fixed Deposits (Section 80C) Tax Saver Fixed Deposits is another investment option introduced by the Government of India. Investments in these up to 1 lakh can save you upto 30,900 in Income Tax. Know More Rajiv Gandhi Equity Savings Scheme (RGESS) (Section 80CCG) RGESS allows new retail investors to a