80C Tax Saver Calculator

Don't pay more tax than you have to. Max out your ₹1.5L limit.

Under Section 80C of the Income Tax Act (Old Regime), you can reduce your taxable income by up to ₹1.5 Lakhs by investing in specific schemes. This tool helps you calculate how much you have already invested (via EPF, Tuition Fees, Life Insurance) and how much more you need to invest before March 31st to save maximum tax.

ℹ️ Check your salary slip for annual EPF deduction.

ℹ️ Only tuition fee component is eligible.

✅ Limit ReachedYou have fully utilized your ₹1.5 Lakh Section 80C limit.

Remaining 80C Limit

0

🎉 Optimal Planning!

You don't need further 80C investments.

Analysis

What This Means

You have used ₹0 out of your ₹1,50,000 limit.

Why It Matters

Maximizing 80C is the easiest way to save up to ₹46,800 in taxes every year.

The Smart Investor's Order of Operations

Don't just buy a random policy to save tax. Follow this hierarchy to build wealth while saving tax:

  1. Check EPF First: Look at your payslip. Your employee contribution to PF is already counted under 80C. You might have already reached ₹1.5L!
  2. Term Insurance: If you have dependents, buy a pure Term Plan. The premium is eligible for 80C.
  3. ELSS Mutual Funds: The only tax saver with potential for high returns (12-15%) and the lowest lock-in (3 years).
  4. PPF / Sukanya Samriddhi: Use these for the safe debt portion of your portfolio (risk-free guaranteed returns).

📊 Where to Invest? (80C Options)

InstrumentReturnsLock-in PeriodRisk Profile
ELSS Mutual Funds12% - 15% (Variable)3 Years (Lowest)High (Equity)
PPF (Public Provident Fund)7.1% (Fixed)15 YearsRisk Free
EPF (Employee PF)8.25% (Fixed)Till RetirementRisk Free
Tax Saver FD6% - 7%5 YearsRisk Free

Related Tax Tools

Disclaimer: This tool provides estimates for tax planning purposes under the Old Tax Regime. Section 80C deductions are NOT available under the New Tax Regime.

Frequently Asked Questions

What investments qualify under Section 80C?

Common options include EPF, PPF, ELSS, life insurance premiums, and home loan principal repayment.

Is Section 80C available under the New Tax Regime?

No, Section 80C deductions are available only under the Old Tax Regime.