Budget 2014: Here's How Much Tax You Will Save

Finance Minister Arun Jaitley's Budget announcements will lead to big savings for income tax payers. Mr Jaitley on Thursday hiked the basic exemption limit on income taxes from Rs 2 lakh to Rs 2.50 lakh.

Here are the different scenarios where you can save tax:

TAX EXEMPTION LIMIT

TAX SAVINGS INSTRUMENTS

INTEREST ON HOUSING LOAN