Tax saved via 80C investments. The Section 80C Deduction Calculator takes total 80c-eligible investments and payments this year, your marginal tax rate (5, 20 or 30) and returns tax saved (including 4% cess) plus deduction allowed, room left under the ₹1.5 lakh limit, extra tax you could save by using the full limit. Results update as you type, and the formula is shown under the result so you can repeat it in your own spreadsheet.
Indian tax rules change with each Finance Act and GST Council meeting. The rates here follow the current published rules, but confirm the figures on the official portals or with a chartered accountant before filing or invoicing. Use the worked example below to check the maths against your own figures.
How the Section 80C Deduction Calculator works
Section 80C allows up to ₹1.5 lakh a year for PF, PPF, ELSS, life insurance premiums, tuition fees, home loan principal and similar. It is available only in the old regime; the saving is the deduction times your marginal rate plus cess.
Worked example
With the example values (total 80c-eligible investments and payments this year of ₹120,000, your marginal tax rate (5, 20 or 30) of 30%), the tax saved (including 4% cess) is ₹37,440.00; deduction allowed ₹120,000.00, room left under the ₹1.5 lakh limit ₹30,000.00, extra tax you could save by using the full limit ₹9,360.00. Change any figure above and the result updates immediately; use Copy results to paste the summary into a note or email.
Assumptions and limits: Old regime only; the ₹50,000 NPS deduction under 80CCD(1B) is separate.
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Frequently Asked Questions
How is tax saved (including 4% cess) calculated?
tax saved = min(investments, ₹1,50,000) × marginal rate × 1.04.
Which figures do I need?
Total 80c-eligible investments and payments this year, your marginal tax rate (5, 20 or 30). Take them from the same period and the same set of accounts or reports so the ratio is consistent, and check the example values as a guide to the units expected.
Are the rates current?
The calculator uses the rates and rules published for the current financial year and shows them under the result. Rates change with each Budget and GST Council decision, so verify on the official portal before filing.
What assumptions does this calculator make?
Old regime only; the ₹50,000 NPS deduction under 80CCD(1B) is separate.
