Calculate Section 80C Tax Savings
Calculate tax savings under Section 80C deductions
Investment Details
About Section 80C Calculator
Section 80C calculator helps you calculate tax savings under Section 80C of the Income Tax Act. Maximum deduction is ₹1.5 lakhs per year for various investments and expenses.
Frequently Asked Questions
Section 80C of the Income Tax Act allows deductions up to ₹1.5 lakhs per year for various investments, expenses, and payments, reducing your taxable income.
Investments that qualify include ELSS, PPF, NSC, Tax-saving FDs, Life Insurance premiums, EPF, Home Loan principal repayment, and more.
The maximum deduction under Section 80C is ₹1.5 lakhs per financial year. You can invest in multiple instruments, but total deduction cannot exceed ₹1.5 lakhs.
Tax savings depend on your tax slab. For 30% tax bracket, ₹1.5 lakhs deduction saves ₹45,000 in tax. For 20% bracket, it saves ₹30,000.