Tax-Saving Investment Calculator
Calculate the tax you can save by investing in Section 80C tax-saving instruments, up to the ₹1.5 lakh annual limit.
- Free to use
- Accurate results
- No registration required
- Works on all devices
Your result
₹45,000
Tax saved
AI explanation
Formula
Tax saved = min(investment, ₹1,50,000) × marginal tax rateWorked example
₹1.5L investment (full limit), 30% marginal rate
| Field | Value |
|---|---|
| 80C investment amount | 150000 |
| Your marginal tax rate | 30 |
| Eligible investment (capped at ₹1.5L) | 150000 |
| Tax saved | 45000 |
Assumptions
- Section 80C is only available under the old tax regime — the new regime doesn't allow this deduction.
- Includes common instruments like PPF, ELSS, life insurance premiums, EPF, and tax-saving fixed deposits, all sharing the same combined ₹1.5 lakh annual limit.
- Informational only.
Frequently asked questions
What qualifies as a Section 80C investment?
PPF, EPF, ELSS mutual funds, life insurance premiums, tax-saving fixed deposits, NSC, Sukanya Samriddhi Yojana, and home loan principal repayment all qualify, sharing one combined ₹1.5 lakh annual limit.
Is Section 80C available under the new tax regime?
No — the new tax regime doesn't allow 80C or most other deductions available under the old regime, in exchange for lower slab rates.
Should I invest the full ₹1.5 lakh in 80C?
It depends on your financial goals and risk appetite — while it saves tax, the specific instrument (PPF vs ELSS vs insurance) matters more than the tax saving alone, since they have very different returns, liquidity, and risk profiles.
Related calculators
Sources
- Income-tax Act, 1961 — Section 80C — Income Tax Department, Government of India. Effective 01-04-1962, reviewed 13-09-2026.
This calculator provides a general estimate only and does not constitute tax or investment advice. Consult a tax professional or financial advisor for your specific situation.
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