Choosing the old tax regime could be helpful to save more on your total income tax amount if you have several deductions to claim.
Saving more on your total income tax liability depends on the tax regime you choose - old tax regime offers several deductions, while the new tax regime allows limited deductions but with liberal tax rates.
Here are eight steps to save tax while filing ITR 2025, including Section 80C deductions, Home Loan Interest Deduction, Deductions Under Section 80D, Utilizing HRA, Taking Advantage Of Section 80E, National Pension System (NPS) benefits, Donations under Section 80G, and Benefits under Section 80TTA and 80TTB.
Various tax-saving options like investment deductions, home loan deductions, health insurance premium deductions, HRA benefits, education loan interest benefits, NPS contributions, donations, and savings account interest benefits can help in reducing tax liability.