Here’s a better and efficient way to save tax
No! You cannot save more tax through deductions
No! You cannot save more tax through deductions. With the tax planning season on, a common query on everybody’s mind is on how to save more tax. Most would be maximizing the current set of deductions available like section 80C, 80D, etc., of the Income Tax Act. Yet, the total tax that can be deducted with all these options is only around ₹5 lakh.