The maximum tax you can save on your salary depends on the investments and expenses you make during the financial year. A few deductions and expenses have a limit while others are allowed on an actual payment basis without any limit. You can save your income tax on salary investing across various products that qualify for tax exemption. You can save up to Rs 1.5 lakhs under section 80C. Some of the products that fall under Section 80C are Public Provident Fund (PPF), NSC, Equity Linked Savings Scheme (ELSS mutual funds), and 5-Year Fixed Deposits (FDs), National Pension, Scheme (NPS), and Senior Citizen Savings Scheme (SCSS). NPS and SCSS are suitable for retirement planning.  Secondly, repayment of an education loan without any limit.  A contribution to a charitable institution upto 100% of donation amount. A health insurance up to Rs 75,000. A repayment of interest on home loan up to Rs 2 lakh for a self-occupied property. There is no upper limit on interest on a home loan if you let out the house property. Tax planning is very important to ensure that one doesn’t pay tax unnecessarily on their income. Therefore, tax planning helps minimize the tax outflow by taking full advantage of the tax savings instruments available. To do this accurately, Scripbox’s Income Tax calculator can help in determining the taxable income. It also suggests the appropriate products to invest that one can buy online. Therefore, by investing in 80C instruments, one can avail tax benefits.