Every year, as the March starts approaching the thought of tax declaration start giving sleepless nights to most of the salaried and business people. As much as people hate paying taxes, they hate the complex terminology and the sections and subsections which follow. It's true, the tax is a difficult beast to understand. That is one of the reasons many people don't try to understand the provisions for tax deductions and pay the tax and be done with it. That's a wrong way to approach tax. To ease the burden on taxpayers, the government and the income tax act has provided several windows to save the tax. Let's explore all the avenues of tax saving.
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