Hi Fishes/Seniors,
This will be the first time I will be in tax slab.
I have few queries can anyone please help me regarding this.
In ELSS mutual the total we can save save tax is 1.5lakh. Do we need to invest yearly 1.5 lakh yearly to save tax? I am planning to have a Sip of 5000 monthly for 3 years. So total money invested in 3 years will be around 60000 * 3 = 180000.
Will that be sufficient to save tax or Do I need to have a sip of 12000 per month to save tax.

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Posting as :
works at
You are currently posting as works at

You can plenty of things comes under this 1.5L like your pf(ee contribution) is also part of this. Also it's not necessary to put everything in SIP. You can simply put remaining money in NSC or insurance n all.

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