Save Tax via Interest payments on your Loans - Section 80 E and Section 24B.
Save Tax via Investments - Section 80C: Section 80 C allows 100 % amount on Rs.1,50,000, whichever is less, is available as deduction from total income. Below mentioned is the list (not exhaustive) of most popular investments u/s 80C: >> Life insurance premium paid towards life of self, spouse or any child.
>> Contribution towards statutory provident fund, recognized provident fund, approved superannuation fund.
>> Contribution towards Public Provident Fund Scheme.
>> Any sum deposited in a 10 year or 15 year account under the Post Office Savings Bank

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