Boost Your Savings: Top 5 Tax Deductions to Claim This Year! Ever felt like your paycheck disappears too quickly? Good news—if you're using the old tax regime , you’ve got some powerful tools to ease the pain. Here’s a friendly guide to the top five deductions that can crank down your tax bill for Assessment Year 2025–26. 1. Section 80C – The Classic ₹1.5 Lakh Deduction Think EPF, PPF, ELSS, life insurance, NSC, home-loan principal, kids’ tuition, 5‑year tax FDs… you name it! The maximum you can claim under this section is ₹1.5 lakh, and it’s one of the most straightforward ways to save. 2. Section 80D – Health Insurance Helps & Heals Spent on health or medical cover? You’re in luck: Up to ₹25,000 for your own family (self, spouse, children) Another ₹25,000 for parents—₹50,000 if they’re senior citizens Plus, you can include up to ₹5,000 for preventive health check-ups. Smart and healthy tax-saving win-win! 3. Section 24(b) – Home Loan Interest (up to ₹2 Lak...