|
INSTRUMENTS |
LIMIT |
TERM |
RATE |
TAX BEEFITS |
|
PPF |
70,000/- |
15 yrs |
8% |
Rebate u/s
88* |
|
Life Ins. Policies |
70,000/-
|
Variable |
NA |
"
* |
|
Jeevan Suraksha (Pension
Plans) |
10,000/-
|
Variable |
NA |
Deductions U/s
80 ccc |
|
Infrastructure
Bonds |
10,0000/-
|
3 - 7 yrs |
5%-6% |
Rebate u/s 88
* |
|
Capital Gains
Bonds |
N.A. |
3 - 7 yrs |
5% |
Exemption U/s 54
EC |
|
Mediclaim |
10,000/- |
N.A.
|
N.A. |
Deductions U/s 80 D |
|
N.S.C. |
70,000/- |
6 yrs |
8% |
Rebate U/s
88* |
|
ELSS (Equity Linked
Savings) |
10,000/- |
Variable |
N.A. |
Rebate U/s
88* |
* RebatesU/s 88 : Investment Lilmits: upto Rs. 70,000/- ANY ONE OR
COMBINATION OF PPF, LIC, NSC, ELSS, &
INFRASTRUCTURE BONDS +
Further Rs. 30,000/- for INFRASTRUCTURE BONDS
only
| UPTO INCOME SLAB OF RS. 1,50,000/- |
Rebate Applicable : 20% |
|
Rs. 1,50,000/- to 5,00,000/-
|
15% |
|
Above Rs. 5,00,000/-
|
NIL
|
|
