https://www.taxtmi.com/article/detailed?id=14988 Taxpayers should align investments, insurance premiums, education payments, donations, and loan repayments with statutory deduction categories for FY 2025 26 to lawfully reduce taxable income. The principal deduction category covers specified investments and payments-equity-linked savings, government-backed savings, provident funds, life insurance premiums, tuition for up to two children, and home loan principal-subject to an overall cap and the year-end payment deadline. Health-related relief allows premium and certain medical expense claims with differentiated ceilings for dependents and seniors, while charitable donations qualify subject to recipient type, payment mode, and documentation requirements. en-us Fri, 22 Aug 2025 08:36:27 +0530 Fri, 22 Aug 2025 08:36:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14988 Taxpayers should align investments, insurance premiums, education payments, donations, and loan repayments with statutory deduction categories for FY 2025 26 to lawfully reduce taxable income. The principal deduction category covers specified investments and payments-equity-linked savings, government-backed savings, provident funds, life insurance premiums, tuition for up to two children, and home loan principal-subject to an overall cap and the year-end payment deadline. Health-related relief allows premium and certain medical expense claims with differentiated ceilings for dependents and seniors, while charitable donations qualify subject to recipient type, payment mode, and documentation requirements. Articles Income Tax Fri, 22 Aug 2025 08:36:27 +0530 https://www.taxtmi.com/article/detailed?id=14988