Here are five ways to save income tax legally in India:

Here are five ways to save Income Tax legally in India presuming Old Income Tax Regime: 1) Save tax under Section 80C, Section 80CC, and Section 80CCD by investing in financial instruments such as Public Provident Fund (PPF),

Employees’ Provident Fund (EPF), Five-year tax-saver Fixed Deposits, National Saving Certificate (NSC), Equity Linked Saving Schemes (ELSS), Life Insurance Policies, etc.

2) Save tax under Sections 80D, Section 80DD, Section 80DDB by claiming deductions for medical insurance premiums. 3) Save tax by claiming deductions for home loans. 4) Save tax through Education Loan as per Section 80E.

5) Save tax by planning for tax saving on Long Term Capital Gains that arise on the Sale of a property. Hope you like the thread.