Tax Saving Calculator

Plan your tax-saving investments under Section 80C, 80D, 80CCD, and other deductions. See exact tax saved across old and new regimes.

What is Tax Saving Calculator?

This tax saving calculator helps you plan deductions under Sections 80C (₹1.5L), 80D (health insurance), 80CCD(1B) (NPS), and others. Shows exact tax saved and compares old vs new regime to recommend the better option for your income level.

How to Use This Calculator

  1. Enter the required financial values in the input fields (amounts, rates, tenure as applicable)
  2. Adjust optional parameters like tax rate, inflation, or compounding frequency if available
  3. Click Calculate or view results updating in real time as you type
  4. Review the detailed breakdown showing your tax saving results with charts and tables

How Tax Saving Calculator is Calculated

This calculator uses standard financial formulas widely used in Indian banking and investment industries. Inputs are processed using established mathematical models for tax saving computation. Results account for applicable rates, compounding, and time-value-of-money principles where relevant. All calculations run locally in your browser — no data is sent to any server.

Frequently Asked Questions

What are the best tax-saving investments under 80C?

ELSS (3-year lock-in, market returns), PPF (15 years, tax-free), NPS 80CCD(1B) (extra ₹50K deduction). EPF contribution is auto-deducted. Life insurance premiums also qualify.

Should I choose old or new tax regime?

New regime benefits those with fewer deductions (typically income <₹10L). If you fully utilize 80C + HRA + 80D + home loan, the old regime usually saves more above ₹12L income.

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Disclaimer: This calculator provides estimates for informational purposes only. Actual outcomes may vary based on applicable rates, policies, and individual circumstances. Consult a qualified financial advisor or chartered accountant before making financial decisions. See our full Disclaimer.

Author: Calc Labz Editorial Team  |  Reviewed for accuracy

Last updated: April 2026