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How to save tax in India ( Old tax regime) ?

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Writer: Bizzport Consultants Enhance Your Tax Savings: A Guide for Salaried Individuals in India Discover smart ways to optimize your tax savings, avoiding the common pitfall of procrastination. In India, the financial year runs from April 1 to March 31, making March 31 the crucial deadline for actions like investments. Many individuals only take tax matters seriously when seeking refunds or facing additional tax payments. However, by July, when tax return filing occurs, March is long gone, leaving individuals with limited options and often resorting to dubious practices. In such scenarios, some tax preparers exploit the urgency, charging a percentage fee, typically 15% of the tax saved or refunded. This approach involves high risks, exposing clients to legal repercussions. For those with no tax expertise but substantial earnings, it's vital to question how a tax preparer can secure more refunds or reduce tax liability within the same legal framework applicable to everyone. To simp