80C Tax Saver Calculator
Track Section 80C investments, see how much of the ₹1.5 lakh limit is used, and estimate possible tax savings.
Inputs
Tax planningResults
100% usedDetailed Breakdown
80C| Investment | Amount |
|---|---|
| EPF | ₹60,000 |
| PPF | ₹50,000 |
| ELSS | ₹40,000 |
| Life Insurance | ₹10,000 |
| Home Loan Principal | ₹0 |
| Tuition Fees | ₹0 |
| NSC | ₹0 |
| Other 80C | ₹0 |
Assumptions and methodology
Transparent calculation notes for 80C Tax Saver Calculator.
Formula used
The calculator caps eligible Section 80C entries at Rs. 1.5 lakh and estimates tax saving at the selected marginal rate.
Methodology
- Add all entered 80C investment and payment amounts.
- Cap the deduction at Rs. 1,50,000.
- Multiply eligible deduction by the selected marginal tax rate.
Core assumptions
- Entered amounts are eligible under Section 80C.
- The selected marginal rate reflects the user's tax bracket.
- The old regime or a deduction-eligible context applies.
Not included
- New tax regime restrictions, surcharge, cess, proof validation, and investment suitability are excluded.
- Actual tax saving depends on final taxable income and filing choices.
About 80C Tax Saver Calculator
Guide1What is Section 80C?
Section 80C of the Income Tax Act allows eligible taxpayers to claim deductions for specified investments and payments such as EPF, PPF, ELSS, life insurance premium, home loan principal repayment, tuition fees, and NSC.
The total deduction under Section 80C is capped at ₹1,50,000 per financial year.
280C Tax Saving Formula
The calculator uses:
Eligible deduction = min(total eligible 80C investments, ₹1,50,000)
Estimated tax saving = eligible deduction x marginal tax rate
The actual benefit depends on tax regime, income level, and whether the investments are genuinely eligible for deduction.
3How to Use This Calculator
- Step 1: Enter your EPF, PPF, ELSS, insurance, home loan principal, tuition fee, NSC, and other 80C amounts
- Step 2: Choose your marginal tax rate
- Step 3: Review eligible deduction, remaining limit, excess investment, and estimated tax saving
4Common 80C Instruments
- EPF and PPF: Long-term retirement-oriented savings
- ELSS: Equity mutual fund with 3-year lock-in
- Life insurance premium: Subject to policy and premium eligibility rules
- Home loan principal: Principal repayment on eligible housing loans
- Tuition fees: Eligible school/college tuition fees for children