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80C Tax Saving Planner

Plan your investments to maximize tax exemptions under Section 80C and Section 80CCD(1B) of the Income Tax Act. Check caps for PPF, ELSS, insurance premiums, and calculate tax savings based on your tax bracket.

Last Updated: June 2026Verified By: GSTWaala Editorial Team
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Section 80C Eligible Declarations (Max ₹1.5 Lakhs)

How to Use the 80C Tax Saving Planner

  1. Enter your actual or planned investments for the current year across the 80C eligible fields (PPF, ELSS, EPF, Life Insurance, etc.).
  2. If you contribute to the National Pension Scheme, enter the amount in the NPS field to utilize the additional Section 80CCD(1B) benefit.
  3. Select your applicable tax slab (5%, 20%, or 30%) from the dropdown menu to calculate net savings.
  4. The tool will show a live progress bar representing your limit utilisation and estimate your final tax savings including cess.

Mathematical Formula & Calculations

Exemption Threshold Formula:

\[\text{Total Allowed Exemption} = \min(\text{Sum of 80C Investments}, 150000) + \min(\text{NPS 80CCD(1B)}, 50000)\]
\[\text{Net Tax Saved} = \text{Total Allowed Exemption} \times \text{Tax Slab}\% \times 1.04\]

Frequently Asked Questions

Section 80C is the most popular tax-saving provision in the Indian Income Tax Act. It allows individuals and HUFs to deduct up to ₹1,50,000 from their gross taxable income annually by investing in specified financial instruments like PPF, ELSS, EPF, NPS, Senior Citizen Savings Scheme (SCSS), Life Insurance premiums, and home loan principal repayments.
Over and above the ₹1,50,000 limit of Section 80C, Section 80CCD(1B) offers an exclusive additional deduction of up to ₹50,000 for contributions made to the National Pension Scheme (NPS Tier-1 account). By combining Section 80C and Section 80CCD(1B), a taxpayer can claim a total deduction of up to ₹2,00,000.
Equity Linked Savings Schemes (ELSS) mutual funds have the shortest lock-in period of only 3 years. Other instruments like Tax Saver FDs and National Savings Certificates (NSC) have a 5-year lock-in, while Public Provident Funds (PPF) lock investments for 15 years.
No. All deductions under Chapter VI-A (including Section 80C, 80D, 80G, and HRA exemptions) are completely disallowed under the New Tax Regime (except for Section 80CCD(2) employer NPS contributions). If you opt for the New Regime, you cannot claim any tax benefit from these investments.

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Compliance Note

All calculations are updated to reflect the tax codes, slabs, and deductions in effect for Financial Year 2025-26 (Assessment Year 2026-27). This tool runs entirely client-side; no data is transmitted or stored on our servers.
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