How to save tax on salary

neeraj (CA) (930 Points)

31 October 2012  

Per month salary is as follows :
Basic - 60500
HRA - 15125
Other allowances - 39555
Total salary p.m.= 115180
Annual salary = 1382160
80C deduction taken = 100000
TDS deducted 18400  pm

What are the alternatives available to save tax on above mentioned structure?