How To Save Taxes In India

Invest in tax-saving instruments like PPF and NSC for deductions under Section 80C.

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Use tax exemptions with Life Insurance or ULIP investments.

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Consider tax-saving FDs for 5 years.

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Opt for home loan for deductions on principal and interest.

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Contribute to EPF for tax savings and retirement planning.

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Get deductions on medical insurance premiums under Section 80D.

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Maximize housing loan interest deductions through joint ownership.

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Invest in NPS for additional tax benefits under Section 80CCD.

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Set up charitable trust or donate to registered institutions for deductions under Section 80G.

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Consult a tax professional for more strategies based on your financial profile.

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