Tax saving: If tax is deducted from your salary too, then these four methods can be useful

People earn to earn their livelihoods and fulfill their dreams. For this, some do their business, while some do jobs. By the way, a large number of people do jobs, who get a salary every month in return for work. But people are worried due to the rising expenses. House rent, electricity-water bill, monthly ration, etc. Apart from this, if tax is imposed on the salary, then people become more upset. In such a situation, if your salary also comes under the ambit of tax, then you can save your tax through some methods because the right is given to you from the income tax side only. So, without delay, let us know which methods can be useful for you in saving tax. You can learn about it in the next slides...

Here are some ways:-
LIC policy
If you want to save tax from your salary, then you can take any policy of the Life Insurance Corporation of India ie LIC. You get this exemption in tax if you are paying the premium of LIC, then you get exemption in tax.

NPS
If you want to save tax, then you can invest in National Pension System ie NPS. Most people who take early retirement invest in it. In this, tax exemption can be claimed up to Rs 1.5 lakh.

Tax saving FD
If your salary is also taxed, then you can get a tax-saving FD ie a Fixed Deposit to save it. If you get this done, then you get tax exemption on investing up to Rs 1.5 lakh.

PPF
You can invest in Public Provident Fund ie PPF to save tax from your salary. The advantage of this is the interest you get on the amount deposited in it as well as the money you withdraw from it. There is no tax on both of these.

(PC: freepik)