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?