{"id":1650,"date":"2025-03-12T13:29:35","date_gmt":"2025-03-12T07:59:35","guid":{"rendered":"https:\/\/www.caclubindia.com\/guide\/?p=1650"},"modified":"2025-06-26T15:55:46","modified_gmt":"2025-06-26T10:25:46","slug":"how-to-save-tax","status":"publish","type":"post","link":"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/","title":{"rendered":"How To Save Tax For FY 2024-25? Save More Before March 31!"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"538\" src=\"https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/03\/How-To-Save-Tax-1024x538.png\" alt=\"\" class=\"wp-image-1651\" srcset=\"https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/03\/How-To-Save-Tax-1024x538.png 1024w, https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/03\/How-To-Save-Tax-300x158.png 300w, https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/03\/How-To-Save-Tax-768x403.png 768w, https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/03\/How-To-Save-Tax.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The first step is choosing between the new tax regime and the old tax regime, as this decision impacts your deductions and exemptions. Let\u2019s explore the best ways to save on taxes!<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\r\n<div class=\"ez-toc-title-container\">\r\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\r\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\r\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/#Tax_Regimes\" >Tax Regimes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/#How_to_opt_out\" >How to opt out?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/#Tax_Rates_for_FY_24-25\" >Tax Rates for FY 24-25<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/#For_Old_Regime\" >For Old Regime<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/#For_New_Regime\" >For New Regime<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/#Rebate_us_87A\" >Rebate u\/s 87A<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/#Note\" >Note:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/#Special_Rate_Income\" >Special Rate Income<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/#Deductions_Available\" >Deductions Available<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/#What_is_Marginal_Relief\" >What is Marginal Relief?<\/a><\/li><\/ul><\/nav><\/div>\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Tax_Regimes\"><\/span>Tax Regimes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>There are two tax regime:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Old Tax Regime<\/li>\n\n\n\n<li>New Tax Regime<\/li>\n<\/ul>\n\n\n\n<p>For FY 2024-25 <strong><a href=\"https:\/\/www.caclubindia.com\/guide\/new-tax-regime\/\">New tax Regime<\/a><\/strong> is the default tax regime.<\/p>\n\n\n\n<p>Here, the term &#8220;default&#8221; means a pre selected option that is automatically selected unless the user chooses something different.<\/p>\n\n\n\n<figure class=\"wp-block-video\"><video height=\"630\" style=\"aspect-ratio: 1200 \/ 630;\" width=\"1200\" autoplay controls src=\"https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/03\/Important-Year-End-Tax.mp4\"><\/video><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_opt_out\"><\/span>How to opt out?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>If you are a salaried individual &#8211; <\/strong>you can switch to the old regime while filing ITR.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>If you are a business individual &#8211; <\/strong>you need to file Form-10EA on or before the due date for filling the return of income u\/s 139(1).<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Tax_Rates_for_FY_24-25\"><\/span>Tax Rates for FY 24-25<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"For_Old_Regime\"><\/span>For Old Regime<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Individuals Below 60 Years<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Senior Citizen Above 60 and Less 80 Years<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Super Senior Citizen Above 80<\/strong> <strong>Years<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">up to 2.5L &#8211; <strong>Nil<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">up to 3L &#8211; <strong>Nil<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">&#8211;<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">2.5L to 5L &#8211; <strong>5%<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">3L to 5L &#8211; <strong>5%<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">up to 5L &#8211; <strong>Nil<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">5L to 10L &#8211; <strong>20%<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">5L to 10L &#8211; <strong>20%<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">5L to 10L &#8211; <strong>20%<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Above 10L &#8211; <strong>30%<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">Above 10L &#8211; <strong>30%<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">Above 10L &#8211; <strong>30%<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Here,<\/p>\n\n\n\n<p>Surcharge is also applicable if your income is:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u20b950L to \u20b91Cr &#8211; 10%<\/li>\n\n\n\n<li>\u20b91Cr to \u20b92Cr &#8211; 15%<\/li>\n\n\n\n<li>\u20b92Cr to \u20b95Cr &#8211; 25%<\/li>\n\n\n\n<li>\u20b9Above \u20b95Cr &#8211; 37%<\/li>\n<\/ul>\n\n\n\n<p><strong>HEC Rate:<\/strong> 4% of the total tax (including surcharge, if applicable).<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"For_New_Regime\"><\/span>For New Regime<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Total Income<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Tax Rate<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Upto \u20b93,00,000<\/td><td class=\"has-text-align-center\" data-align=\"center\">Nil<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">\u20b93,00,001 to \u20b97,00,000<\/td><td class=\"has-text-align-center\" data-align=\"center\">5%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">\u20b97,00,001 to \u20b910,00,000<\/td><td class=\"has-text-align-center\" data-align=\"center\">10%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">\u20b910,00,001 to \u20b912,00,000<\/td><td class=\"has-text-align-center\" data-align=\"center\">15%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">\u20b912,00,001 to \u20b915,00,000<\/td><td class=\"has-text-align-center\" data-align=\"center\">20%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Above \u20b915,00,000<\/td><td class=\"has-text-align-center\" data-align=\"center\">30%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Here,<\/p>\n\n\n\n<p>Surcharge is also applicable if your income is:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u20b950L to \u20b91Cr &#8211; 10%<\/li>\n\n\n\n<li>\u20b91Cr to \u20b92Cr &#8211; 15%<\/li>\n\n\n\n<li>Above \u20b92Cr &#8211; 25%<\/li>\n<\/ul>\n\n\n\n<p>HEC @ 4% of the total tax (including surcharge, if applicable).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Rebate_us_87A\"><\/span>Rebate u\/s 87A<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Regime<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Income<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Rebate Amount<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Under old Regime<\/td><td class=\"has-text-align-center\" data-align=\"center\">Income up to \u20b95L<\/td><td class=\"has-text-align-center\" data-align=\"center\">Tax or up to \u20b912500 rebate whichever is lower.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Under New Regime<\/td><td class=\"has-text-align-center\" data-align=\"center\">Income up to \u20b97L<\/td><td class=\"has-text-align-center\" data-align=\"center\">Tax or up to \u20b925000 rebate whichever is lower.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Note\"><\/span>Note:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>For special rate income, rebate is only available under old tax regime.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Special_Rate_Income\"><\/span>Special Rate Income<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Special Rate Income are the types of income that are taxed at specific rates which are different from the normal slab rates under income tax laws.<\/p>\n\n\n\n<p>These rates are predefined and usually apply to certain categories of income.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Short-Term Capital Gains (<a href=\"https:\/\/www.caclubindia.com\/guide\/short-term-capital-gains-tax\/\">STCG<\/a>) on Listed Securities \u2013<\/strong> 20% u\/s 111A.<\/li>\n\n\n\n<li><strong>Long-Term Capital Gains (LTCG) on Listed Securities \u2013<\/strong> 12.5% u\/s 112A.<\/li>\n\n\n\n<li><strong>Lottery, Betting, and Gambling Winnings \u2013<\/strong> 30% u\/s 115BB.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Deductions_Available\"><\/span>Deductions Available<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Particulars<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Old Tax Regime<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>New Tax Regime<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Standard Deduction<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b950,000<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b975,000<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Rebate<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b912500 including special rate income<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b925,000 only on normal rate income.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Marginal Relief<\/td><td class=\"has-text-align-center\" data-align=\"center\">No<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">NPS Contribution by employer<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Family Pensioners<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Interest on Home Loan u\/s<\/td><td class=\"has-text-align-center\" data-align=\"center\">Both Self occupied and Let out property<\/td><td class=\"has-text-align-center\" data-align=\"center\">Only for let out property<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Deduction u\/s 80C<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">No<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Contribution to Agniveer Corpus Fund u\/s 80CCH<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Exemption on voluntary Retirement u\/s 10(10C)<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Exemption on leave encashment<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Transport Allowance for specially abled person<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Expense for travelling to work u\/s 80JJAA.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Loss of House Property<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">Cannot be set-off and carry forward with other income<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Conveyance Allowance<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Medical Insurance Premium u\/s 80D<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">No<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Interest on Education Loan u\/s 80E<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">No<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Donation to political party or trust etc. u\/s 80G<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">No<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Professional Tax<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">No<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Interest on saving bank u\/s 80TTB<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">No<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">HRA Exemption<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">No<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Gratuity u\/s 10(10)<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Interest on electric vehicle loan u\/s 80EEB<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">No<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Click Here &#8211; <a href=\"https:\/\/www.caclubindia.com\/guide\/deductions-allowed-to-salaried-individuals-in-new-tax-regime\/\">Deductions Allowed to Salaried Individuals in New Tax Regime<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Marginal_Relief\"><\/span>What is Marginal Relief?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Marginal Relief is a tax relief provision provided by the government to reduce the additional tax liability for individuals whose income slightly exceeds a particular tax threshold by a small margin.<\/p>\n\n\n\n<p>This is only available under new tax regime.<\/p>\n\n\n\n<p>If the total income of an resident individual is \u20b97,00,000, then a person is eligible for tax relief under a certain threshold, but if income increases to \u20b97,01,000, then a person may face higher taxes due to crossing the limit.<\/p>\n\n\n\n<p>With <strong><a href=\"https:\/\/www.caclubindia.com\/guide\/marginal-relief-in-income-tax\/\">marginal relief<\/a><\/strong>, a person may only pay the tax on the additional \u20b91,000 at the higher rate, rather than the full increase in tax from the higher tax bracket.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first step is choosing between the new tax regime and the old tax regime, as this decision impacts your [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1651,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1650","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-income-tax"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>How To Save Tax For FY 2024-25? Save More Before March 31! - Tax Guide<\/title>\r\n<meta name=\"description\" content=\"Choose between the new and old tax regimes wisely to maximize savings. Act before 31st March to make the most of tax-saving investments!\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"How To Save Tax For FY 2024-25? Save More Before March 31! - Tax Guide\" \/>\r\n<meta property=\"og:description\" content=\"Choose between the new and old tax regimes wisely to maximize savings. Act before 31st March to make the most of tax-saving investments!\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Tax Guide\" \/>\r\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/caclubindia\" \/>\r\n<meta property=\"article:published_time\" content=\"2025-03-12T07:59:35+00:00\" \/>\r\n<meta property=\"article:modified_time\" content=\"2025-06-26T10:25:46+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/03\/How-To-Save-Tax.png\" \/>\r\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\r\n\t<meta property=\"og:image:height\" content=\"630\" \/>\r\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\r\n<meta name=\"author\" content=\"Ram Sharma\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:creator\" content=\"@caclubindia\" \/>\r\n<meta name=\"twitter:site\" content=\"@caclubindia\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ram Sharma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/how-to-save-tax\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/how-to-save-tax\\\/\"},\"author\":{\"name\":\"Ram Sharma\",\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/#\\\/schema\\\/person\\\/96b5cab03947b2dc45eb60ac3a8cdacd\"},\"headline\":\"How To Save Tax For FY 2024-25? Save More Before March 31!\",\"datePublished\":\"2025-03-12T07:59:35+00:00\",\"dateModified\":\"2025-06-26T10:25:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/how-to-save-tax\\\/\"},\"wordCount\":702,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/how-to-save-tax\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/How-To-Save-Tax.png\",\"articleSection\":[\"Income Tax\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/how-to-save-tax\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/how-to-save-tax\\\/\",\"url\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/how-to-save-tax\\\/\",\"name\":\"How To Save Tax For FY 2024-25? Save More Before March 31! - Tax Guide\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/how-to-save-tax\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/how-to-save-tax\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/How-To-Save-Tax.png\",\"datePublished\":\"2025-03-12T07:59:35+00:00\",\"dateModified\":\"2025-06-26T10:25:46+00:00\",\"description\":\"Choose between the new and old tax regimes wisely to maximize savings. Act before 31st March to make the most of tax-saving investments!\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/how-to-save-tax\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/how-to-save-tax\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/how-to-save-tax\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/How-To-Save-Tax.png\",\"contentUrl\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/How-To-Save-Tax.png\",\"width\":1200,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/how-to-save-tax\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How To Save Tax For FY 2024-25? Save More Before March 31!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/#website\",\"url\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/\",\"name\":\"Tax Guide\",\"description\":\"All tax related info news and updates in one place.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/#organization\",\"name\":\"CAclubindia\",\"url\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/cropped-icon-384x384-1.png\",\"contentUrl\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/cropped-icon-384x384-1.png\",\"width\":512,\"height\":512,\"caption\":\"CAclubindia\"},\"image\":{\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/caclubindia\",\"https:\\\/\\\/x.com\\\/caclubindia\",\"https:\\\/\\\/www.instagram.com\\\/caclubindia\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/caclubindia\\\/\",\"https:\\\/\\\/www.youtube.com\\\/caclubindia?sub_confirmation=1\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/#\\\/schema\\\/person\\\/96b5cab03947b2dc45eb60ac3a8cdacd\",\"name\":\"Ram Sharma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/cf5d44bd8d68d9d9aa2a1e2b40cdac941d69cd17a23bcc0bb394236f6d333496?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/cf5d44bd8d68d9d9aa2a1e2b40cdac941d69cd17a23bcc0bb394236f6d333496?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/cf5d44bd8d68d9d9aa2a1e2b40cdac941d69cd17a23bcc0bb394236f6d333496?s=96&d=mm&r=g\",\"caption\":\"Ram Sharma\"},\"url\":\"https:\\\/\\\/www.caclubindia.com\\\/guide\\\/author\\\/ramauthor\\\/\"}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How To Save Tax For FY 2024-25? Save More Before March 31! - Tax Guide","description":"Choose between the new and old tax regimes wisely to maximize savings. Act before 31st March to make the most of tax-saving investments!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/","og_locale":"en_US","og_type":"article","og_title":"How To Save Tax For FY 2024-25? Save More Before March 31! - Tax Guide","og_description":"Choose between the new and old tax regimes wisely to maximize savings. Act before 31st March to make the most of tax-saving investments!","og_url":"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/","og_site_name":"Tax Guide","article_publisher":"https:\/\/www.facebook.com\/caclubindia","article_published_time":"2025-03-12T07:59:35+00:00","article_modified_time":"2025-06-26T10:25:46+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/03\/How-To-Save-Tax.png","type":"image\/png"}],"author":"Ram Sharma","twitter_card":"summary_large_image","twitter_creator":"@caclubindia","twitter_site":"@caclubindia","twitter_misc":{"Written by":"Ram Sharma","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/#article","isPartOf":{"@id":"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/"},"author":{"name":"Ram Sharma","@id":"https:\/\/www.caclubindia.com\/guide\/#\/schema\/person\/96b5cab03947b2dc45eb60ac3a8cdacd"},"headline":"How To Save Tax For FY 2024-25? Save More Before March 31!","datePublished":"2025-03-12T07:59:35+00:00","dateModified":"2025-06-26T10:25:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/"},"wordCount":702,"commentCount":0,"publisher":{"@id":"https:\/\/www.caclubindia.com\/guide\/#organization"},"image":{"@id":"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/#primaryimage"},"thumbnailUrl":"https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/03\/How-To-Save-Tax.png","articleSection":["Income Tax"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/","url":"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/","name":"How To Save Tax For FY 2024-25? Save More Before March 31! - Tax Guide","isPartOf":{"@id":"https:\/\/www.caclubindia.com\/guide\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/#primaryimage"},"image":{"@id":"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/#primaryimage"},"thumbnailUrl":"https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/03\/How-To-Save-Tax.png","datePublished":"2025-03-12T07:59:35+00:00","dateModified":"2025-06-26T10:25:46+00:00","description":"Choose between the new and old tax regimes wisely to maximize savings. Act before 31st March to make the most of tax-saving investments!","breadcrumb":{"@id":"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/#primaryimage","url":"https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/03\/How-To-Save-Tax.png","contentUrl":"https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/03\/How-To-Save-Tax.png","width":1200,"height":630},{"@type":"BreadcrumbList","@id":"https:\/\/www.caclubindia.com\/guide\/how-to-save-tax\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.caclubindia.com\/guide\/"},{"@type":"ListItem","position":2,"name":"How To Save Tax For FY 2024-25? Save More Before March 31!"}]},{"@type":"WebSite","@id":"https:\/\/www.caclubindia.com\/guide\/#website","url":"https:\/\/www.caclubindia.com\/guide\/","name":"Tax Guide","description":"All tax related info news and updates in one place.","publisher":{"@id":"https:\/\/www.caclubindia.com\/guide\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.caclubindia.com\/guide\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.caclubindia.com\/guide\/#organization","name":"CAclubindia","url":"https:\/\/www.caclubindia.com\/guide\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.caclubindia.com\/guide\/#\/schema\/logo\/image\/","url":"https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2024\/05\/cropped-icon-384x384-1.png","contentUrl":"https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2024\/05\/cropped-icon-384x384-1.png","width":512,"height":512,"caption":"CAclubindia"},"image":{"@id":"https:\/\/www.caclubindia.com\/guide\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/caclubindia","https:\/\/x.com\/caclubindia","https:\/\/www.instagram.com\/caclubindia\/","https:\/\/www.linkedin.com\/company\/caclubindia\/","https:\/\/www.youtube.com\/caclubindia?sub_confirmation=1"]},{"@type":"Person","@id":"https:\/\/www.caclubindia.com\/guide\/#\/schema\/person\/96b5cab03947b2dc45eb60ac3a8cdacd","name":"Ram Sharma","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/cf5d44bd8d68d9d9aa2a1e2b40cdac941d69cd17a23bcc0bb394236f6d333496?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/cf5d44bd8d68d9d9aa2a1e2b40cdac941d69cd17a23bcc0bb394236f6d333496?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/cf5d44bd8d68d9d9aa2a1e2b40cdac941d69cd17a23bcc0bb394236f6d333496?s=96&d=mm&r=g","caption":"Ram Sharma"},"url":"https:\/\/www.caclubindia.com\/guide\/author\/ramauthor\/"}]}},"_links":{"self":[{"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/posts\/1650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/comments?post=1650"}],"version-history":[{"count":5,"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/posts\/1650\/revisions"}],"predecessor-version":[{"id":1685,"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/posts\/1650\/revisions\/1685"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/media\/1651"}],"wp:attachment":[{"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/media?parent=1650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/categories?post=1650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/tags?post=1650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}