Finance

80C Tax Savings Calculator

Plan your Section 80C deductions up to the ₹1.5 lakh limit — PPF, ELSS, EPF, tax-saving FD, life insurance and tuition fees — plus the extra ₹50,000 NPS deduction.

01,50,000
01,50,000
01,50,000
01,50,000
01,50,000
01,50,000
050,000

Total deduction (80C + 80CCD-1B)

₹1,05,000

80C used
₹1,05,000
80C excess (no benefit)
₹0
Est. tax saved (30% slab)
₹31,500

Deduction used vs limit

  • Used52.5%
  • Limit remaining47.5%

What is 80C Tax Savings?

Section 80C of the Income Tax Act lets you claim up to ₹1.5 lakh in deductions each year from a wide range of investments and expenses. With an additional ₹50,000 under 80CCD(1B) for NPS, you can reduce your taxable income by up to ₹2 lakh. This is the single biggest tax-saving lever for most salaried Indians.

Formula

Total deduction combines 80C and the extra NPS limit:

80C limit = ₹1,50,000/year
  (PPF, ELSS, EPF, NSC, tax-saving FD, life
   insurance, tuition fees, SSY, etc.)

80CCD(1B) = extra ₹50,000 for NPS
  (over and above 80C)

Tax saved = deduction × your slab rate
  e.g. ₹2,00,000 × 30% = ₹60,000 saved

How to use this calculator

Enter your current or planned investments under each eligible head. The calculator tracks usage against the ₹1.5 lakh 80C limit and the separate ₹50,000 NPS (80CCD-1B) limit, and shows the estimated tax saved at the 30% slab.

Frequently asked questions

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