What can be maximum saving on tax by some one earning salary above Rs 7 lacs?

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Someone asked on 6/10/2006I want to know how to reduce my tax liability by investing in different assets and plz let me know how much amount should i invest in different assents to gain maximum tax rebate as i have an annual salary of Rs.3.36 Lac but this year my taxable income is around Rs.1.7…

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