what are the ways to decrease tax liability

BY PROPER TAX PLANNING

BY TAX PLANNING...

1) BY INVESTING UPTO 1LAK UNDER 80 C

2) BY INVESTING IN MEDICAL INSURRNACE UPTO 15K

3) IF YOU HAVE HOUSING LOAN THEN YOU CNA CLAIM INTEREST

(IF SELF OCCUPIED ITS UPTO 1.5K, OTHERWISE WHOLE INTEREST AMT)

As the above solutions are come out are correct i just wanna add that first of all you shuld know under which you have your income and accordingly benefits and way out will be suggested keeping in mnd the legal provision framed out under the enactment.

 thanks  sir for giving me good suggestion 

I didn't get about investment in medical insurance upto 15K? Is that Mediclaim premium

PREETI RUPAREL

Yes, i am agree with dipender

simple and effective tax planning advice by Balasubramanya