Section 80C Tax Savings Calculator — Maximize Your Tax Deductions
Calculate how much tax you can save under Section 80C. Find the best combination of ELSS PPF LIC NPS and other investments to save up to Rs 1.5 lakh in 2026.
Section 80C of the Income Tax Act is the most widely used tax saving provision in India allowing deductions up to Rs 1.5 lakh per financial year. This translates to actual tax savings of Rs 46800 for those in the 30% tax bracket. The section covers a wide range of investments including ELSS mutual funds PPF EPF life insurance premiums home loan principal NSC and even your children tuition fees. Smart tax planning means using the right combination to maximize both returns and tax savings.
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Key Information
| Parameter | Details |
|---|---|
| Maximum Deduction Limit | Rs 1.5 lakh per year |
| Tax Saved (30% bracket) | Rs 46800 per year |
| Best Return Option | ELSS (12-15% historical) |
| Safest Option | PPF (7.1% guaranteed) |
Calculate your 80C savings
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Use Calculator NowFrequently Asked Questions
Which 80C investment gives the highest returns?
ELSS (Equity Linked Savings Scheme) mutual funds have historically delivered the highest returns among 80C options at 12-15% CAGR over 10 years. They also have the shortest lock-in period of just 3 years compared to 5 years for tax saving FD and 15 years for PPF. However ELSS returns are market-linked and not guaranteed.
Does EPF contribution count under 80C?
Yes your employee contribution to EPF (Employees Provident Fund) qualifies for Section 80C deduction. The employer contribution does not count. Since EPF deduction happens automatically from salary many people have already used up a portion of their 80C limit before making additional investments. Check your EPF contribution first before planning other 80C investments.
Can I claim 80C if I choose the new tax regime?
No if you opt for the new tax regime introduced in Budget 2020 you cannot claim Section 80C deductions. The new regime offers lower tax rates but removes most exemptions and deductions. For individuals with significant 80C investments the old regime often works out better. Use a tax regime comparison tool to check which is better for your specific salary.
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Last updated: 24 March 2026