Calculator
80C, ELSS and NPS tax-saving calculator
A deduction is worth your marginal rate, not its face value — and only if the regime lets you claim it. Enter what you have already used and what you are planning to invest.
Saves ₹46,800 this year
- 80C / 80CCC / 80CCD(1) ceiling₹1,50,000
- Already used₹0
- Headroom left₹1,50,000
- ELSS that earns a deduction₹1,50,000
- NPS extra — 80CCD(1B), cap ₹50,000₹0
- Employer NPS — 80CCD(2)₹0
- Total deduction₹1,50,000
- Tax saved at 30%₹45,000
- With 4% cess₹46,800
ELSS units are locked for 3 years from allotment (minimum ₹500).
- • The deduction saves your marginal rate, not the amount invested — and nothing is saved if your liability is already nil under the regime's rebate.
- • ELSS units are locked for 3 years from allotment (minimum investment ₹500), so the deduction is claimed in year one and the money is out of reach until year four.
- • Employer contributions to PF, NPS and superannuation together above ₹7,50,000 in a year are taxed as salary — this tool sees only the NPS leg.
- • No investment is recommended here: ELSS is equity risk with a lock-in, while PPF, EPF, NSC and a five-year time deposit are debt instruments competing for the same ₹1,50,000.
- • Sections 80C, 80CCC and 80CCD(1) share one ₹1,50,000 ceiling; 80CCD(1B) is an additional ₹50,000 for NPS, and 80CCD(2) employer NPS sits outside both.
What this calculator answers
With nothing claimed yet, ₹1,50,000 of ELSS inside an old-regime 30% slab saves ₹46,800 of base tax and ₹48,672 after cess — while the same plan on the new regime saves nothing under 80C, because section 115BAC allows only 80CCD(2), 80CCH(2), 80JJAA and 80LA(1A). Enter what you have already used to see the headroom left.
How it is calculated
Sections 80C, 80CCC and 80CCD(1) share one ₹1,50,000 ceiling, so an ELSS investment and your own NPS contribution compete for the same space; 80CCD(1B) adds ₹50,000 for NPS on top, and 80CCD(2) employer NPS sits outside both, capped at 14% of salary for government employees and for anyone on the new regime, 10% otherwise. The tool allocates your own NPS contribution to 80CCD(1B) first, fills the rest of the ₹1.5 lakh with ELSS and the remainder, then applies your marginal rate to the total deduction and adds 4% cess.
The deduction saves your marginal rate, not the amount invested, and saves nothing if your liability is already nil under the regime's rebate. ELSS units are locked for three years from allotment with a ₹500 minimum investment. Employer contributions to PF, NPS and superannuation above ₹7,50,000 in a year are taxable as salary — this tool sees only the NPS leg. Nothing here recommends an investment.
Common questions
Can I claim 80C on the new tax regime?
No. Section 115BAC restricts the allowed deductions to 80CCD(2) (employer NPS), 80CCH(2) (Agniveer corpus), 80JJAA and 80LA(1A), so 80C, 80CCC, 80CCD(1) and the extra 80CCD(1B) NPS deduction are unavailable. Switch the regime selector to see the difference on your own numbers.
How much tax does ₹1.5 lakh of 80C actually save?
Your marginal slab rate applied to the deduction: about ₹46,800 at 30%, ₹31,200 at 20% and ₹15,600 at 10%, plus 4% cess on the tax saved. If your taxable income is already below the regime's rebate threshold the deduction can be worth nothing.
Why is my ELSS investment not fully deductible?
Because the ₹1,50,000 ceiling is shared with everything else you claim under 80C, 80CCC and 80CCD(1) — including your own NPS contribution and EPF. The tool shows the amounts that actually earn a deduction and flags when part of your plan falls outside the ceiling.
Source & freshness
- Source
- Deterministic formula in lib/calculators.ts
- Timeliness
- Static-verified
- Method
- calculated
- Note
- Illustrative projection from your inputs — not a market quote.