This article is general information, not financial advice. Please verify terms with your bank/NBFC before acting.
Illustrative checklist; verify limits before filing.
Choose regime wisely each year. If you can claim large deductions/exemptions, old regime may save more; with minimal deductions, new regime is simpler and often cheaper.
Maximise 80C, consider NPS for the extra ₹50k, claim health insurance (80D), and if applicable, home loan interest under Section 24 (old regime).
- Plan investments through the year (avoid March rush).
- Use HRA efficiently if you pay rent.
- For high incomes, watch surcharge thresholds.