Section 80C allows a deduction of up to ₹1.5 lakh from taxable income for eligible investments like ELSS, PPF, EPF, NSC and life insurance, under the old tax regime.

How much tax can I save under 80C?

Up to ₹46,800 a year (₹1.5 lakh × 30% + cess) if you're in the highest slab under the old regime.

Does 80C apply in the new tax regime?

No. Most 80C deductions are not available under the new regime, which instead offers lower slab rates.

Which 80C option is best?

ELSS for growth (3-year lock-in), PPF for guaranteed tax-free returns, and EPF as a salaried default. Choose based on your goal and risk appetite.

Tax

Tax Saving (80C) Calculator

See how much tax your 80C investments can save you.

80C investment₹1,50,000

Income tax slab30%

Tax saved23%

You invest77%

Investment₹1.50 L

Tax slab30%

Tax Saved₹45.0K

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Save your calculation & get relevant financial insights.

Section 80C of the Income Tax Act lets you reduce your taxable income by up to ₹1.5 lakh a year through eligible investments and expenses (under the old regime). This calculator shows the tax you can save based on your investment and tax slab.

How this calculator works

Enter your eligible 80C investment (up to ₹1.5 lakh) and your income tax slab. The calculator shows the tax you save — simply your investment multiplied by your marginal tax rate.

The formula

Tax Saved = 80C Investment × Marginal Tax Rate

80C Investment: = Amount invested in eligible instruments (max ₹1.5 lakh)
Marginal Tax Rate: = Your highest income tax slab (5% / 20% / 30%)

Applicable under the OLD tax regime. The new regime has lower slabs but does not allow most 80C deductions.

Worked example

Example: ₹1,50,000 invested, 30% slab

80C investment₹1,50,000

Tax slab30%

You save ₹45,000 in income tax (plus applicable cess) for the year.

Key benefits

Reduces your taxable income legally
Encourages long-term saving (ELSS, PPF, EPF, NSC)
ELSS also offers equity growth with the shortest 80C lock-in (3 years)
Combines wealth-building with tax efficiency

Smart tips

ELSS funds give the best growth potential among 80C options with a 3-year lock-in
EPF and life-insurance premiums often already fill part of your 80C limit
Don't over-invest just to save tax — align with goals
Compare old vs new regime; 80C only helps under the old regime