Securing Hannav Ledger...
Securing Hannav Ledger...
Calculate your eligible Section 80C deduction, remaining limit, and tax saved. Add EPF, PPF, ELSS, life insurance, NSC, tax-saving FD, home loan principal, and other eligible investments.
Enter annual eligible investments for the financial year
Employee PF contribution
Public Provident Fund deposits
Equity Linked Savings Scheme
LIC or private insurer premiums
National Savings Certificate
5-year tax-saving fixed deposit
Home loan principal repayment
SSY, SCSS, tuition fees, etc.
₹1,50,000
₹0
₹46,800
Investment Breakdown
| Investment | Amount |
|---|---|
| EPF | ₹72,000 |
| PPF | ₹1,50,000 |
| ELSS | ₹50,000 |
| Life Insurance | ₹25,000 |
| Total Investments | ₹2,97,000 |
| Eligible 80C Deduction | ₹1,50,000 |
| Remaining Limit | ₹0 |
| Tax Before 80C | ₹1,79,400 |
| Tax After 80C | ₹1,32,600 |
| Tax Saved | ₹46,800 |
Eligible Deduction = min(Total Investments, Rs 1,50,000); Remaining Limit = 1,50,000 - Eligible; Tax Saved = Old Regime Tax Before - AfterSection 80C aggregate deduction under Old Tax Regime. Limit Rs 1,50,000 per FY.
Section 80C allows deductions up to Rs 1,50,000 per year on specified investments under the Old Tax Regime.
Eligible Deduction = min(Total Investments, Rs 1,50,000). Remaining Limit = Rs 1,50,000 − Eligible. Tax Saved = Old Regime tax before minus after 80C.
Section 80C is not available under the New Tax Regime.
The Rs 1,50,000 cap applies across all 80C instruments combined, not per instrument.
Example 1: Total Rs 2,97,000 → Eligible Rs 1,50,000, Remaining Rs 0. Example 2: Total Rs 1,30,000 → Eligible Rs 1,30,000, Remaining Rs 20,000. Example 3: Total Rs 1,60,000 → Eligible Rs 1,50,000.
Section 80C Quick Reference
Annual limit: ₹1,50,000
Eligible Deduction = min(Total Investments, Limit)
Remaining Limit = Limit − Eligible Deduction
Tax Saved = Old Regime tax before − tax after 80C
Default tax estimate uses ₹12,00,000 taxable income.