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LIC Tax Saving Plans, Save maximum Tax under 80C. Call us at 948240513 for best services.

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LIC Tax Saving Plans

You may be a factory worker, IT employee or a Businessmen, saving is required for future.There is NO Pension scheme for Private Employees as well as for Government employees. Saving for future would help you in many ways.

Income Tax calculator from Income Tax Department
Who one should have Tax Saving policy? Any person in India, male or female earning more than Rs. 2,50,000/- would come under Income Tax bracket as slabs mentioned by Income Tax Department, Ministry of Finance, Government of India.
In India any amount over and above Rs. 2,50,000/- is taxable as per rules. Those who are earlning more than Rs. 2,50,000/- can save Income TAX by saving in various instruments. LIC Tax Saving policy helps every one to insure their life and save income Tax upto Rs. 46,500/- by investing Rs, 1,50,000/- in a financial year. According to Income Tax rules, one can invest in the following to save maximum Tax from income. 1) Section 80C - Invest upto Rs. 1,50,000/- and save Tax ( Call at 2) Section 80D - Invest upto Rs. 55,000/- and save Tax 3) Section 80CCD (1B) - Invest upto Rs. 50,000/- ans save Tax

If you don't plan for saving tax, you may lose around 33% from your total earning.

Plan in advance and save maximum tax. Individual Tax slab are given above for the year 2018-19.

Convert your tax liabilities in to savings. Your Income tax payments can be converted as savings. This would help you to save near about 50% of salary as savings for future.
Tax Benefits are subject to changes in Tax laws under Income Tax Act from time to time by Ministry of Finance, Government of India.

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