Question

What investment should a low salaried person should do?

Answer 1

Explanation:

if you pay Rs 12,000 a month, your parents will have to pay tax on only Rs 1 lakh. Even if this earning is above the the basic Rs 2.5 lakh exempt limit (Rs 3 lakh if they are above 60 and up to Rs 5 lakh if above 80 years of age), you can make it tax-free