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Section 80C Deduction Calculator — Maximise the ₹1.5L Cap

Section 80C investments (annual)
Section 80C deduction
₹1,40,000

Total invested
₹1,40,000
Above ₹1.5L cap
₹0

How Section 80C works

The Income Tax Act §80C lets individuals deduct up to ₹1,50,000 per financial year for eligible investments and expenses. Old regime only — new regime disallows 80C entirely.

The calculator above sums every eligible category and caps the total at ₹1.5L. Anything over the cap is “unutilised” — invested money that doesn’t reduce your tax bill.

Eligible categories (FY 2026-27)

CategoryNotes
EPF / VPFEmployee contribution, mandatory for salaried
PPFCap ₹1.5L/year per individual; 15-year lock-in
ELSS mutual funds3-year lock-in (shortest); equity-linked
Life insurance premiumSelf / spouse / children
Sukanya Samriddhi (SSY)Cap ₹1.5L/year; only for girl child < 10yo
NSC / KVP5-year lock-in; small savings scheme
Tax-saver FD5-year FD with 80C eligibility
Home loan principalPrincipal portion of home-loan EMIs
Children tuition feesUp to 2 children, school fees only (not coaching)
NPS Tier-1 (within 80C)Counts toward 80C cap; 80CCD(1B) gives separate ₹50K

Maximising the ₹1.5L cap

For most salaried filers, EPF (12% of basic) eats a chunk of the 80C limit automatically. If your basic salary is ~₹60K/month, EPF alone is ~₹86K — leaving ~₹64K headroom for ELSS / PPF / insurance.

If your EPF + voluntary investments cross ₹1.5L, the excess becomes “unutilised” — still useful for retirement savings, but not tax-deductible.

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Frequently Asked Questions

What investments qualify under Section 80C?
EPF/VPF, PPF, ELSS mutual funds, life insurance premiums, Sukanya Samriddhi Yojana, NSC, KVP, 5-year tax-saver FDs, home-loan principal repayment, children's tuition fees, NPS Tier-1 (additional 80CCD(1B) over and above 80C), Senior Citizens' Savings Scheme. The aggregate is capped at ₹1.5 lakh per year.
Is the cap ₹1.5L or ₹2L?
The Section 80C cap is ₹1,50,000. Section 80CCD(1B) gives an **additional** ₹50,000 specifically for NPS Tier-1 — that's a separate row above 80C. Combined: 80C ₹1.5L + 80CCD(1B) ₹50K = ₹2L total.
Are home-loan EMIs covered under 80C?
**Only the principal portion** of home-loan EMIs counts under 80C (capped at ₹1.5L combined with other 80C investments). The interest portion is separately deductible under §24(b) up to ₹2L. Compute the principal-vs-interest split with our [home loan EMI calculator](/loans/home-loan-emi-calculator/).
Is ELSS the best 80C option?
Educational, not advice — but ELSS has the shortest lock-in (3 years) of all 80C options. PPF lock-in is 15 years; tax-saver FDs 5 years. ELSS returns are equity-linked (volatile).
Section 80C in the new regime?
**Disallowed.** New regime ignores all 80C investments entirely. If you invest ≥ ₹1.5L into 80C, the old regime usually wins — run our [old vs new regime calculator](/tax/old-vs-new-regime-calculator/).
Can I claim PPF + EPF together?
Yes, both count toward the same ₹1.5L 80C cap. PPF cap is ₹1.5L/year per individual. EPF is mandatory for salaried (12% of basic) — you cannot opt out, but you can use it as 80C.
Compliance disclaimer

The tax calculations on this page are based on the Income Tax Act, 1961 provisions applicable for the financial year shown. Tax laws change; always verify current provisions and consult a Chartered Accountant for filing decisions. This is educational content, not tax advice.

About this calculator

Reviewed by Jayesh Jain, AMFI Registered Mutual Fund Distributor (ARN-286359 — verify ).

Last reviewed: 2026-05-05

Formula source: Income Tax Act §80C