Section 80C Deduction Calculator

How does this tool total the Section 80C items?

This tool adds nine fields: EPF, PPF, ELSS, life insurance premium, NSC, home loan principal, tuition fees, SCSS and an “other” box. That sum is shown as Total 80C investments before any cap. The eligible deduction is the smaller of that total and ₹1,50,000, a limit built into the tool for the old regime. Blank fields count as zero.

How is the NPS 80CCD(1B) line treated?

It is a separate tenth input. The tool takes the smaller of the amount you enter and ₹50,000 and adds it to the capped 80C figure, so the combined deduction can reach ₹2,00,000. The ₹50,000 is another fixed number in the code, and entering more than that is silently limited to ₹50,000.

How is the “Tax saved” figure computed?

It is the total deduction multiplied by the slab you pick, which can be 5%, 20% or 30%, plus 4% cess on that amount. It treats every rupee of the deduction as being taxed at that one rate. Surcharge, the rebate for lower incomes, differences between slab boundaries and the limit of your own taxable income are not considered, so the number is an upper-end illustration.

What does “Remaining 80C limit” tell me?

It is ₹1,50,000 minus the uncapped 80C total, floored at zero. If the total is ₹55,000 the line reads ₹95,000 more to max out, and if the total reaches or exceeds ₹1,50,000 it reads “Limit fully utilised”. The NPS amount plays no part in that line.

Does the tool check which items are allowed or their sub-limits?

No. It accepts any number in any box and does not test whether a given instrument, premium, fee or loan repayment qualifies, whether it is in the right person’s name or whether the item is subject to its own ceiling. The classification of each item is your input, not the tool’s judgement.

Does it work for the new tax regime?

The slab selector is labelled “old regime”, and the tool has no new-regime mode. Choosing a slab and entering amounts will always produce a deduction and a tax-saved figure, so the result should not be read as applying to a taxpayer who is on a different regime.

Which figures are built in, and how current are they?

The ₹1,50,000 cap, the ₹50,000 NPS cap, the slab choices and the 4% cess are fixed numbers in the code with no year label. Indian tax rules change in nearly every Union Budget and the tool is not updated automatically, so the Income Tax Department’s notices or a qualified chartered accountant decide what applies to a particular year.