best way of tax planning

You can check out the details in Cha VI-A...

1.take mediclaim
2.you can also take extra benefit under section 80ccd(2) or under section 80CCD (1B) as well as they are not covered under 1,50,000 limit.
3. You can also go for Donations in approved trusts under section 80ccd
4. If rent is paid by assesse then you can go for section 80GG
5. If education loan for higher education is taken then you can claim under section 80E as well