As the financial year ending is approaching fast, let’s take a look at the different investment / exemption options to save tax under section 80C. One can use options like Fixed Deposit, PPF, National Savings certificates (NSC), Tuition Fees, Home Loan Principle Component, Life insurance/ULIP, ELSS to save tax under section 80C.
Here is a comprehensive list of common documents required by banking & financial institutions like SBI (State Bank of India), ICICI, HDFC , Axis etc. for home loan processing.
A quick look at income tax slabs in India for Financial Year 2012-2013 and Tax Assessment Year 2013-2014. The slides show tax slabs for general tax payers (age below 60 years), senior citizens (age between 60 to 80 years ) and super senior citizens (age above 80 years).