1. You can save tax up to rupees 150000/- under chapter 6A to save tax. Section 80C and more

INVESTMENT IN WEL KNOWN  AND REGULAR TAX SAVING PRACTICE

2. Save tax and you can avail additional deduction for medical insurance premium up to 100000/- for you and your senior citizen parents. Section 80D

INVESTMENT OR PAYMENT OF HEALTH INSURANCE PREMIUM

3. Paying interest of home loan.  is a negative income in eyes of income tax. So, you can avail benefit up to rupees 200000/- Section 24B

INTEREST PAYMENT OF HOUSING LOAN

4. Investment made towards national pension fund (NPS) can deduct additional up to 50000/- rupees You can save tax by investing in NPS Section 80DDB(1B)

INVESTMENT TO NPS (NATIONAL PENSION FUND)

5. If you got education loan for your child, then payment towards interest of education loan can save tax and can be deductible from taxable salary Section 80E

PAYMENT OF INTEREST ON EDUCATION LOAN