{"id":3880,"date":"2013-03-07T08:57:31","date_gmt":"2013-03-07T03:27:31","guid":{"rendered":"http:\/\/www.apnaplan.com\/?p=3880"},"modified":"2016-05-28T21:43:24","modified_gmt":"2016-05-28T16:13:24","slug":"whose-name-can-tax-saving-investment-be-done","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/whose-name-can-tax-saving-investment-be-done\/","title":{"rendered":"Whose name can Tax Saving investment be done?"},"content":{"rendered":"
\"Investment
Investment on Whose Name?<\/strong><\/figcaption><\/figure>\n

We know that we can save taxes by investing in various instruments. But a few days back I got queries on whose name can various investments eligible for tax saving investment be done.<\/strong> There are people who want to invest in their wife\u2019s or child\u2019s name or jointly and claim tax exemption on the same. Below is the list?:<\/p>\n

Life Insurance<\/strong> \u2013 can be on own name, spouse, child (major\/minor, dependent \/independent)<\/p>\n

EPF\/ VPF<\/strong> \u2013 own name only<\/p>\n

PPF (Public Provident Fund)<\/strong> – can be on own name, spouse, child (major\/minor, dependent \/independent)<\/p>\n

NSC (National Saving Certificate)<\/strong> \u2013 Own name only<\/p>\n

ELSS (Equity Linked Saving Scheme)\/ Tax Saving Mutual Fund<\/strong> \u2013 Own name only. Can be on joint name but in this case first name should be of tax assessee only.<\/p>\n

\n

Also Read:<\/strong>\u00a0Tax Planning Guide for FY 2015-16 <\/a><\/p>\n<\/blockquote>\n

Housing Loan<\/strong> \u2013 own name only.<\/p>\n

Tution Fees<\/strong> \u2013 any two children<\/p>\n

Tax Saving Fixed Deposit Scheme<\/strong> \u2013 own name only. Can be on joint name but in this case first name should be of tax assessee only.<\/p>\n

Education Loan<\/strong> –\u00a0can be on own name, spouse, child (major\/minor, dependent \/independent)<\/p>\n

Medical Insurance<\/strong> –\u00a0can be on own name, spouse, child or parents<\/p>\n

In case you have further questions please ask through comments.<\/p>\n","protected":false},"excerpt":{"rendered":"

We know that we can save taxes by investing in various instruments. But a few days back I got queries on whose name can various investments eligible for tax saving investment be done. There are people who want to invest in their wife\u2019s or child\u2019s name or jointly and claim tax exemption on the same. […]<\/p>\n","protected":false},"author":1,"featured_media":4570,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[3013,63,6],"tags":[2818,396,463,2030,981,2033,257,26,398,465,2032,632,2031,395],"uagb_featured_image_src":{"full":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/03\/Investment-on-Whose-Name.png",353,267,false],"thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/03\/Investment-on-Whose-Name-150x150.png",150,150,true],"medium":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/03\/Investment-on-Whose-Name-300x226.png",300,226,true],"medium_large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/03\/Investment-on-Whose-Name.png",353,267,false],"large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/03\/Investment-on-Whose-Name.png",353,267,false],"1536x1536":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/03\/Investment-on-Whose-Name.png",353,267,false],"2048x2048":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/03\/Investment-on-Whose-Name.png",353,267,false],"yarpp-thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/03\/Investment-on-Whose-Name.png",120,91,false]},"uagb_author_info":{"display_name":"Amit","author_link":"https:\/\/www.apnaplan.com\/author\/admin\/"},"uagb_comment_info":12,"uagb_excerpt":"We know that we can save taxes by investing in various instruments. But a few days back I got queries on whose name can various investments eligible for tax saving investment be done. There are people who want to invest in their wife\u2019s or child\u2019s name or jointly and claim tax exemption on the same.…","_links":{"self":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/3880"}],"collection":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/comments?post=3880"}],"version-history":[{"count":0,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/3880\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media\/4570"}],"wp:attachment":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media?parent=3880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/categories?post=3880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/tags?post=3880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}