Plan Your Taxes Effectively
Tax planning helps you legally reduce your tax liability using deductions and exemptions available under the Income Tax Act. For FY 2025-26, you can choose between the Old vs New Tax Regime. Use our TDS Calculator to estimate your tax.
Key Tax-Saving Sections to Explore
- Section 80C – Investments in LIC, PPF, ELSS, etc. (Up to ₹1.5 lakh)
- Section 80D – Health insurance premium deduction
- Section 80G – Donations to approved charitable institutions
- Section 87A – Rebate for incomes under ₹7 lakh (new regime)
- HRA – Claim exemption on house rent paid (if applicable)
- EPF/NPS Contributions – Reduce taxable income with retirement savings
Tax Planning Tips
- Always calculate using both old and new regime to choose the better one
- Invest early in the financial year for better returns and less tax stress
- Maintain receipts of all deductions like insurance, donations, rent, etc.
- Use online tools like TheFinvia TDS Calculator for instant insights