Hi,
I am working in a software company. For me my mother is beneficery & dependend.
She is a house wife and my father is a farmer.Right now I am paying LIC Premium for my mother.I want to know is there any possibilities to add that amount in my investment plan
To reduce the tax paid by me...
Please let me know...

Thanks & Regards,
Sivaguru

Not sure what LIC means.

May affect my answer!

NO your mother payment will not benefit in your tax rebate

Quote:

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Originally Posted by sivaguru

Hi,
I am working in a software company. for me my mother is beneficery & dependend.
she is a house wife and my father is a farmer.Right now i am paying LIC Premium for my mother.i want to know is there any possibilities to add that amount in my investment plan
to reduce the tax paid by me...
please let me know............

Thanks & Regards,
Sivaguru

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If appears that your question is about India taxes. This forum is about the U.S. taxes.