Tax Saving Calculator

Annual gross income

₹

Section 80C (max ₹1.5 lakh)

ELSS / Mutual Funds

Max ₹1,50,000 combined

PPF / EPF

Life Insurance Premium

Home Loan Principal

Section 80D (Health Insurance)

Self & Family premium

Max ₹25,000

Senior Citizen parents

Max ₹50,000

NPS & Other Deductions

NPS (80CCD 1B — extra ₹50K)

Max ₹50,000

HRA Exemption

Home Loan Interest (24b)

Max ₹2,00,000

80E Education Loan

Total Tax Saving

vs no deductions

—

Gross income—

Standard deduction₹50,000

Total 80C deduction—

Total other deductions—

Taxable income—

Tax without deductions—

Tax after deductions—

ELSS mutual funds save tax under 80C
with lowest 3-year lock-in