Maximize Your Tax Savings in India
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India has amazing tax-saving options that most people ignore. Invest up to 1.5
lakh in 80C through PPF, ELSS, or life insurance and watch your taxable
income drop. Home loan interest saves you another 2 lakhs under 24B. Health insurance
premiums get you 25,000 deduction, and if your parents are senior citizens, that's 50,000 more.
NPS contributions add another 50,000 under 80CCD. Don't forget HRA exemption if you're
renting. Smart taxpayers use all these sections together and legally save lakhs every
year while others pay full tax unnecessarily.
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