March 31st deadline: You can claim this much insurance amount to save taxes
The department also allows a taxpayer to avail various benefits one such is ITR where one can get their refund and reduce taxes. Another way to save taxes is to opt for tax-saving schemes.
Investments like National Pension Schemes, Fixed deposits, mutual funds, public provident fund (PPF), ULIPs and government saving schemes can help you reduce the quantum of tax you pay. Image source: Pixabay