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For 15.5 ctc you dont worry about 80c which is of 1.5lakh. your epf will cover atleast half of it and rest u can do it via ppf and elss in ratio of 40:60
Actually we had option to give either 1800/mo or 12% of basic as pf. I chose 1800/mo. Is it a good choice? Because i thought i can invest more in elss and ppf because of high returns.