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For both salaried and non-salaried taxpayers, the tax saving season begins on April 1st. As a wise investor, one should seek out tax saving investments that not only save you money but also allow you to generate tax-free income.
As a government-sponsored savings system, subscribers benefit from the security afforded by investments in PPFs.
5 ways other than Section 80C to save more taxes - Under Section 80C, a taxpayer can lower their overall taxable income by a maximum of Rs 1.5 lakh per year.
The ₹1.5 lakh investment limit under Section 80C is very low and is quickly exhausted. If you want to save more tax, you can contribute to the National Pension System (NPS)
Principal part of a home loan can be claimed under the overall deduction limit of ₹1.5 lakh in section 80C