Tax Saving
Section 80C Deduction Calculator
Section 80C of the Income Tax Act allows individual taxpayers and HUFs to claim deductions up to ₹1,50,000 per financial year across approved savings and expenditure instruments under the Old Tax Regime.
Itemize Your 80C Investments Max ₹1,50,000
80C Deduction Summary
Eligible Tax Deduction
₹ 1,50,000
Total Investments Made:
₹ 1,50,000
Statutory Limit:
₹ 1,50,000
Excess Unutilized Amount:
₹ 0
Popular Instruments Eligible Under Section 80C
- ELSS (Equity Linked Savings Scheme): Mutual funds with the shortest lock-in period (3 years) and high equity growth potential.
- Public Provident Fund (PPF): Government-backed 15-year deposit scheme with tax-free interest under Section 10(11).
- Employee Provident Fund (EPF): Mandatory 12% deduction from basic salary for formal salaried workers.
- Home Loan Principal Repayment: Principal EMI repayment on loans taken for residential house purchase or construction.
- Children's Tuition Fees: Full-time tuition fees paid to recognized schools, colleges, or universities in India for up to two children.