“The present study examines” the awareness of Income tax saving schemes among the employees of SHUATS Allahabad”. It has analyzed the awareness of income tax saving schemes and comparison between teaching and non-teaching in Sam Higginbottom University of Agriculture, Technology and sciences, Allahabad. For the awareness of income tax saving schemes, primary data has been collected for the period of August to November 2017. For studying the awareness of income tax saving schemes, data has been collected from the employees of SHUATS in Allahabad, Uttar Pradesh - India. The study found that the awareness of income tax saving between teaching and non-teaching employees of SHUATS. By the questionnaire survey among them it has analyzed tax saving schemes like PPF, LIC policy, NSC, Mutual funds, Health insurance pension plans etc. Tax planning is an essential part of our financial planning. Efficient tax planning enables us to reduce our tax liability to the minimum. This is done by legitimately taking advantage of all tax exemptions, deductions rebates and allowances while ensuring that your investments are in line with their long-term goals. The purpose of the study is to find out the most suitable and popular tax saving instrument used to save tax and also to examine the amount saved by using that instrument. Over all findings reveals that the most adopted tax saving instrument is Life Insurance policy, which got the first rank in this study and the second most adopted tax saving instrument is Provident Fund.