tag:blogger.com,1999:blog-5839774355411682018.post3033762176189570623..comments2023-10-10T14:31:34.819+05:30Comments on Wealth management: How to save tax (under section 80C)Raja Sekharanhttp://www.blogger.com/profile/16417456660673681357noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5839774355411682018.post-43369445016901981022011-12-10T15:38:42.608+05:302011-12-10T15:38:42.608+05:30Hello,
Isnt the present rate of PF @ 9.5%, albeit...Hello,<br /><br />Isnt the present rate of PF @ 9.5%, albeit i did read recently that this might be brought down to 8.25% beginning in FY - 2012.<br /><br />Also would want to know if the computation is correct, cause if the gross income is 5 lakhs, then the employee would be exempt from tax for the first 1.9 lakhs, thus bringing his taxable income to 3.1 lakhs, and then he could further claim for one lakh as exemption with right investments that you have mentioned above.Bugzyhttps://www.blogger.com/profile/15253810452532518207noreply@blogger.com