How to Save Tax on Salary Above ₹20 Lakh for FY 2025-26: Smart Strategies, Deductions & Regime Comparison
This article explains how individuals earning above ₹20 lakh can legally reduce their tax liability in FY 2025-26. It compares the old and new tax regimes, highlights key deductions like 80C, 80D, NPS, HRA, and home loan benefits, and shows real-life examples of tax savings. It also explains salary structuring, capital gains taxation, and common mistakes to avoid for effective tax planning.