Among the numerous tax-saving investment options for salaried people, here are the top few:

Life insurance

Under section 80c, a maximum deduction of Rs 1,50,000 can be claimed on premiums paid for a life insurance policy. Premium paid for self, spouse or child is eligible for deduction under this section.

Health insurance

You can claim tax deductions on premiums paid for health insurance for yourself and your family under section 80d. If you're a senior citizen, a maximum deduction of Rs 30,000 per year can be claimed.

PPF

PPF contributions are eligible for tax deductions under section 80c. The maximum deduction that can be claimed under this section is Rs 1,50,000. Additionally, the interests earned on deposits are not taxable.

ULIPs

ULIPs provide the dual benefit of insurance and investment. Deductions can be claimed for money invested in ULIP under section 80c (life insurance).