How to save tax on income legally
1. Invest under Section 80C – Up to ₹1.5 lakh (e.g. PPF, ELSS, LIC, home loan principal).
2.NPS (Section 80CCD) – Extra ₹50,000 deduction.
3.Health Insurance (Section 80D) – Up to ₹25,000 (₹50,000 for senior citizens).
4.Home Loan Interest (Section 24b) – Up to ₹2 lakh deduction.
5.Education Loan (Section 80E) – Interest fully deductible.
6.HRA – Claim House Rent Allowance if living in rented house.
7.Standard Deduction – ₹50,000 automatically for salaried individuals.
✅ All legal, government-approved ways to reduce
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