March 31st Tax Deadline: Last-Minute Tips to Save Tax and Prevent Large Deductions

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March 31 Deadline: Last-Minute Tax-Saving Tips to Avoid Heavy Deductions

March 31 Deadline: Last-Minute Tax-Saving Tips to Avoid Heavy Deductions

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News18•22-02-2026, 14:28

March 31 Deadline: Last-Minute Tax-Saving Tips to Avoid Heavy Deductions

•Financial year 2025-26 ends soon; March 31 deadline for tax planning is critical.
•Utilize Section 80C for investments up to Rs 1.5 lakh (EPF, PPF, ELSS, school fees).
•Save extra tax with Rs 50,000 in NPS under Section 80CCD(1B).
•Claim health insurance premiums under Section 80D: up to Rs 25,000 for self/family, Rs 50,000 for senior citizen parents.
•Deduct home loan interest (Section 24), education loan interest (Section 80E), HRA/80GG, and donations (Section 80G).

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