Taxpayers can choose from several tax-saving investments to get the maximum deductions. This includes Public Provident Funds (PPF), National Pension Scheme (NPS), Tax-saving FDs, etc. You can also refer to the provisions of Section 80C to check your eligible tax-deductible amount.

You can claim tax benefits on health insurance premium payments under the old regime. However, if you follow the new regime, the provision for tax-free returns on insurance will cease after March 31st.

Yes, you can claim tax benefits on education loan repayment. However, it only applies to higher education. Furthermore, the tax deductions are only available on payable interest and not on the principal repayment amount.