In today's era, women are not less than men in any work, in every situation, they would stand firm without fear. To celebrate the honor of women and to boost their confidence, 8 March is celebrated as International Women's Day all over the world. On this occasion of International Women's Day, we are giving some suggestions to the working women, by adopting which she can save the tax deducted in the salary. In the present time, middle-class working women are worried about the tax deduction from their salary, but now they do not have to worry because there are some ways through which they can save their tax.

Option of tax deduction under insurance: - Although insurance is a security tool, it has never been the primary means to save tax. But still it provides the benefit of tax exemption under Section 80C and 10 (10D) under Life Insurance and 80D in Health.

ULIPs: Along with the introduction of new generation ULIPs and being the most preferred investment option among the people, they also give tax exemption under Section 80C. ULIPs are a low-cost investment product with almost no premium allocation fee and policy administration fee. IRDAI has set the finance management fee cap at 1.35 per cent, so the rate is between 1 to 1.35 per cent in all its products.

PPF: - The general provident fund is one of the most popular and reliable long term investment and tax saving schemes. The rate of interest on PPF is determined by the government and its lock-in period is 15 years, so it provides tax-free profits to the investor.

Choosing Insurance: - While making strategies for tax saving options for employed women, 80D is one of the most important section that must be given attention. It facilitates deductions in taxable income by paying health insurance premiums of up to Rs 25,000 every year. Health insurance is a basic requirement for every person and especially for salaried women because paying premiums for health insurance not only provides you insurance cover, but also provides many tax benefits.

Deduction under Section 80C: - PPFA NPSA ULIP Some investment options that you can choose to invest your money. These can save you up to Rs 1,50,000 tax every year. Those women, who want to save for their retired days, should actively focus on the development of their investments.

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