Take a look at these three money-saving income tax strategies that can help maximize savings and reduce tax liability.
PPF has emerged as a popular investment vehicle for individuals looking to accumulate retirement funds while also reducing their yearly taxes.
Subscribers of the NPS are eligible for tax benefits under Sec 80 CCD (1), which is capped at Rs. 1.5 lakh under Sec 80 CCE.
Investments made through tax-saving FDs, making them an attractive option for individuals looking to reduce their tax burden.