Hi,
I have exhausted my complete Limit of 1,50,000 in PF/PPF etc and also 50,00 in NPS.
After that my Taxable Income becomes around 15,00,000
Need to know:
1) How much can i invest in VPF if my Basic is say 60,000
2) Also, If i invest 1,50,000 in VPF, will my Taxable income reduce to : 13,50,000.
Ashish
I have exhausted my complete Limit of 1,50,000 in PF/PPF etc and also 50,00 in NPS.
After that my Taxable Income becomes around 15,00,000
Need to know:
1) How much can i invest in VPF if my Basic is say 60,000
2) Also, If i invest 1,50,000 in VPF, will my Taxable income reduce to : 13,50,000.
Ashish