FinCalc Bharat
₹1.5 Lakh Tax Saving Limit

Section 80C Calculator

Calculate your total eligible deductions under Section 80C and find out how much more you can invest to save maximum tax.

Your Investments

Eligible Deduction
Total Invested: ₹1,40,000
Tax Saved
₹28,000
Limit Utilization93.3%
₹0₹1.5 Lakh Limit

You can save more!

Invest another ₹10,000 to fully utilize your 80C limit.

Investment Mix

Mastering Section 80C

Section 80C is the most popular tax-saving tool for Indian taxpayers. It allows you to reduce your taxable income by up to ₹1.5 Lakh by investing in specified instruments or incurring certain expenses.

Investment Options

  • • PPF (15-year lock-in)
  • • ELSS (3-year lock-in)
  • • EPF (Retirement fund)
  • • SSY (For girl child)
  • • NSC & Tax-saving FDs

Eligible Expenses

  • • Life Insurance Premium
  • • Children's Tuition Fees
  • • Home Loan Principal Repayment
  • • Stamp Duty on House Purchase

Important: Old vs New Regime

Section 80C deductions are ONLY available under the Old Tax Regime. If you opt for the New Tax Regime, you cannot claim these deductions.

Frequently Asked Questions

Is the ₹1.5 Lakh limit per person or per family?

The limit is per individual taxpayer. Both husband and wife can claim ₹1.5 Lakh each if they are both earning and investing.

Can I claim 80C for tuition fees of my children studying abroad?

No, the deduction for tuition fees is only available for full-time education in any university, college, school, or other educational institution situated within India.

What is the lock-in period for ELSS?

ELSS has the shortest lock-in period among all 80C options, which is 3 years.

Does 80C include NPS?

Yes, contributions to NPS under Section 80CCD(1) are included in the overall ₹1.5 Lakh limit of Section 80C. However, there is an additional deduction of ₹50,000 under Section 80CCD(1B) specifically for NPS.