Section 80C Planner
Calculate Section 80C tax deductions across PPF, ELSS, LIC, NPS & more. Track ₹1.5 lakh limit utilization.
Instrument Comparison
| Instrument | Lock-in | Returns | Tax on Returns |
|---|---|---|---|
| EPF (Employee PF) | 5 yrs | 8.25% | Tax-free (if 5+ yrs) |
| PPF | 15 yrs | 7.1% | Tax-free (EEE) |
| ELSS Mutual Funds | 3 yrs | 12-15%* | LTCG 12.5% above ₹1.25L |
| NSC | 5 yrs | 7.7% | Taxable |
| Life Insurance Premium | Varies | 4-6% | Tax-free (if conditions met) |
| Tax Saver FD | 5 yrs | 6.5-7% | Interest taxable |
| Sukanya Samriddhi | 21 yrs | 8.2% | Tax-free (EEE) |
| Tuition Fees | - | - | - |
| Home Loan Principal | - | - | - |
Frequently Asked Questions
What is Section 80C?
Section 80C allows deduction up to ₹1,50,000 from taxable income for investments in specified instruments like PPF, ELSS, EPF, life insurance premiums, NSC, tax-saver FDs, etc.
What is the maximum 80C deduction?
The maximum deduction under Section 80C is ₹1,50,000 per financial year. This limit includes 80C, 80CCC (pension funds), and 80CCD(1) combined.
Which 80C instrument is best?
ELSS offers the highest potential returns (12-15% CAGR) with the shortest lock-in (3 years). PPF is best for guaranteed tax-free returns. EPF is mandatory for salaried. The best choice depends on your risk appetite and existing investments.
Is 80C available in the new tax regime?
No. Section 80C deduction is NOT available in the new tax regime. Only employer's NPS contribution (80CCD(2)) and standard deduction are available in the new regime.
Can I claim 80C and 80CCD(1B) both?
Yes! 80CCD(1B) gives an additional ₹50,000 deduction for NPS contributions, over and above the ₹1.5 lakh 80C limit. Total possible deduction: ₹2 lakh.