💼 Section 80C Calculator

About Section 80C

Section 80C of the Income Tax Act allows deduction up to ₹1.5 lakh from taxable income for specified investments and expenses.

Eligible Investments under 80C:

• Public Provident Fund (PPF)
• Employee Provident Fund (EPF) & Voluntary Provident Fund (VPF)
• Equity Linked Savings Scheme (ELSS)
• Life Insurance Premium (LIC)
• National Savings Certificate (NSC)
• Tax Saver Fixed Deposit (5 years lock-in)
• Home Loan Principal Repayment
• Tuition Fees (for 2 children)
• Sukanya Samriddhi Yojana (SSY)
• Senior Citizens Savings Scheme (SCSS)

Key Points:

• Maximum deduction limit: ₹1,50,000 per financial year
• Combined limit for 80C, 80CCC, and 80CCD(1)
• Additional ₹50,000 deduction under 80CCD(1B) for NPS