Personal Finance How can your parents, spouse, children help in saving taxes? Updated : May 28, 2020 06:16 AM IST Tax saving plays a significant role in obtaining financial goals. When it comes to saving taxes, most of the people try to maximize the use of section 80C limit of income tax Act. However, there are several ways where spouse, parents, sibling and dependents can help an individual save taxes. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.