Section 80C Tax Saving Calculator

Maximize your tax savings under Section 80C up to ₹1.5 Lakh per financial year

Your Tax Bracket

80C Investments

80C Tax Savings

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Tax Saved (incl. 4% cess)
Total 80C Investment₹0
Eligible Deduction₹0
Remaining 80C Limit₹0
80C Utilized0.0%

Section 80C Tax Saving Calculator

Section 80C of the Income Tax Act is one of the most widely used provisions for tax saving in India. It allows individuals and HUFs to claim deductions of up to Rs 1,50,000 per financial year on specified investments and expenditures, effectively reducing taxable income and overall tax liability.

Eligible Investments Under Section 80C

  • Employee Provident Fund (EPF) – Employer's contribution
  • Public Provident Fund (PPF) – Up to Rs 1.5 Lakh per year
  • ELSS Mutual Funds – Equity Linked Savings Scheme with 3-year lock-in
  • Life Insurance Premium – On policies for self, spouse, or children
  • National Savings Certificate (NSC)
  • Tax Saving Fixed Deposit – 5-year tenure with banks
  • Sukanya Samriddhi Yojana – For girl child education and marriage
  • Home Loan Principal Repayment
  • Tuition Fees – For up to 2 children at recognized institutions

Key Points to Remember

  • The overall limit under Section 80C is Rs 1,50,000 per financial year
  • This deduction is available only under the Old Tax Regime
  • The New Tax Regime does not allow Section 80C deductions
  • Multiple investments can be combined to reach the Rs 1.5 Lakh limit
  • EPF contribution by the employer is not counted under 80C

Tax Saving by Bracket

  • 5% bracket: Maximum tax saving of Rs 7,800 + cess
  • 20% bracket: Maximum tax saving of Rs 31,200 + cess
  • 30% bracket: Maximum tax saving of Rs 46,800 + cess

Best 80C Investment Options

  • ELSS: Best for wealth creation (shortest lock-in of 3 years, market-linked returns)
  • PPF: Best for risk-averse investors (guaranteed returns, 15-year tenure)
  • EPF: Automatic savings with employer contribution
  • Tax Saving FD: Safe option with fixed returns and 5-year lock-in
  • SSY: Highest interest rate among government schemes

Using the Section 80C Calculator

Enter your investments across different 80C-eligible instruments and select your tax bracket to calculate the total tax savings. The calculator shows your eligible deduction (capped at Rs 1.5 Lakh), tax saved, and how much of the 80C limit you have utilized.

Frequently Asked Questions

What are the best 80C investment options?

ELSS mutual funds (3-year lock-in, market-linked), PPF (15-year lock-in, 7.1% guaranteed), EPF/VPF (interest corpus, 8.25%), NPS (80CCD(1) within 80C limit), SCSS (for senior citizens, 8.2%), NSC (5-year, 7.7%), life insurance premiums, home loan principal repayment, and children's tuition fees. ELSS offers the best balance of returns and liquidity.

Is Section 80C available under the New Tax Regime?

No. Section 80C deductions are not available under the New Tax Regime. If you choose the new regime, you cannot claim tax benefits for PPF, ELSS, EPF, life insurance, or home loan principal. Compare both regimes to see if the lower rates of the new regime outweigh your 80C tax savings.

Optimising Your 80C Investments

This calculator shows how much tax you can save by investing the full Rs 1.5 lakh under Section 80C. Enter your income and existing 80C investments (including EPF) to see how much room remains and the tax impact of filling the gap. It recommends the most efficient 80C instruments based on your risk profile and investment horizon.