BEST WAYS TO SAVE TAX IN INDIA FOR SALARIED EMPLOYEES

D N DRUPADA KUMAR

Source - Freepik

Invest up to ₹1.5L in ELSS, PPF, LIC, or tax-saving FDs. This is your biggest salaried tax-saving weapon.

1. USE SECTION 80C TO THE FULL

Source - The Economic Times

If you live in rented accommodation, claim HRA exemption. Even paying rent to parents (with proof) counts!

2. CLAIM HRA SMARTLY

Source - CA Guruji

Claim up to ₹25,000 (₹50,000 for parents) for medical insurance. Bonus: You get peace of mind too.

3. SECTION 80D - HEALTH INSURANCE

Source - Freepik

Get ₹50,000 extra tax deduction via NPS (Section 80CCD(1B)). It’s over and above 80C.

4. NPS - SAVE TAX + RETIRE RICH

Source - Angel One

Don’t miss LTA, education loan interest (80E), and ₹50k standard deduction. Ask HR to structure your salary smartly.

5. USE LTA, STANDARD DEDUCTION & MORE

Source - SAG Infotech blog

THE ₹50 RULE: HOW ONE SMALL CHANGE BUILT MY EMERGENCY FUND 

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