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.

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  • Works on all devices
Enter your 80C investment amount and marginal tax rate to calculate tax saved.
%

Your result

₹45,000

Tax saved

Eligible investment (capped at ₹1.5L)₹1,50,000

AI explanation

Formula

Tax saved = min(investment, ₹1,50,000) × marginal tax rate

Worked example

₹1.5L investment (full limit), 30% marginal rate

Worked example: ₹1.5L investment (full limit), 30% marginal rate
FieldValue
80C investment amount150000
Your marginal tax rate30
Eligible investment (capped at ₹1.5L)150000
Tax saved45000

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.

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Sources

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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