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sajayan kondoth
Feb 6, 2007, 02:57 AM
Hi,

My total income for the lastyear(2006-07) is 2,20,000.(I don't have PF and other deductins).I am a citizen of india.
So 2,20,000 can be considered as the total income for an year.
I am paying Rs:13,000 as Life Insurance.
I have already deposited Rs:10,000 in PPF.
How much more I have to invest in PPF to
Have zero tax?

AtlantaTaxExpert
Feb 6, 2007, 10:25 AM
Sir:

This is a question about the Indian Tax System.

This forum is for U.S. tax questions, so I doubt you will get an answer!