Tax Saving Calculator (80C, 80D, NPS and Home Loan)
Enter your income and what you have already put into the Public Provident Fund (PPF), Equity Linked Savings Scheme (ELSS), Employees' Provident Fund (EPF), National Pension System (NPS), insurance and the rest. The calculator shows the room left in each old-regime limit, the tax that room could save, and how the result compares with the new regime for FY 2026-27.
On this page
Calculator and results
On ₹15,00,000 you would pay ₹2,24,640 under the old regime with these deductions and ₹97,500 under the new regime, so the new regime costs ₹1,27,140 less. Investing another ₹1,10,000 to fill your 80C and NPS limits would cut old-regime tax by ₹34,320 to ₹1,90,320, which is still more than the new regime, so that investment would not save you any tax.
Old-regime slabs are wider from age 60.
80D, counted up to ₹25,000 (₹50,000 if you are 60 or older).
80D, counted up to ₹50,000.
80CCD(1B), counted up to ₹50,000 on top of 80C.
24(b), counted up to ₹2,00,000.
Lower tax now
New regime
saves ₹1,27,140
Tax saved by filling 80C and NPS
₹34,320
on ₹1,10,000 more, old regime
Old regime tax
₹2,24,640
with these deductions
New regime tax
₹97,500
no 80C or 80D
Old regime if filled
₹1,90,320
still above new regime
Saved per ₹100 invested
₹31.20
80C and NPS room, old regime
Room left in each limit
| Limit | Counted | Room left | Old-regime tax saved if filled |
|---|---|---|---|
| 80C (PPF, ELSS, EPF, insurance and others) | ₹90,000 of ₹1,50,000 | ₹60,000 | ₹18,720 |
| 80D health insurance: self and family | ₹15,000 of ₹25,000 | ₹10,000 | ₹3,120 |
| 80D health insurance: parents aged 60+ | ₹0 of ₹50,000 | ₹50,000 | ₹15,600 |
| 80CCD(1B) extra NPS contribution | ₹0 of ₹50,000 | ₹50,000 | ₹15,600 |
| 24(b) home loan interest (self-occupied) | ₹0 of ₹2,00,000 | ₹2,00,000 | ₹62,400 |
Each saving is worked out on its own. 80C and NPS can be filled by investing; health insurance and home loan interest count only if you actually pay them.
Saved scenarios stay in this browser only. No sign-up.
Lower tax now
New regime
- What it is:
- A planner for old-regime tax deductions in India, set against the new regime.
- What it calculates:
- Room left under 80C, 80D, 80CCD(1B) and 24(b), the tax saved by filling it, and old versus new regime tax before and after.
Key Assumptions
- FY 2026-27 (tax year 2026-27) slabs and limits, as on our income tax calculator.
- Salaried income gets the standard deduction; switch it off for business income.
- HRA, LTA, 80E, 80G, 80TTA, the higher 80D limit for a taxpayer who is a senior citizen and the limit for parents below 60 are not included.
- Employer NPS contributions, which the new regime also allows, are not included.
How does the Tax Saving Calculator work?
The 80C items you enter are added up and counted up to the ₹1,50,000 limit. Health insurance counts up to ₹25,000 for yourself and family (₹50,000 if you are 60 or older) and up to ₹50,000 for parents aged 60 or more; your own extra NPS contribution up to ₹50,000; and home loan interest on a self-occupied home up to ₹2,00,000.
Old-regime tax is worked out with the same slabs, standard deduction, rebate, surcharge and 4% cess as our income tax calculator. New-regime tax uses the new-regime slabs and standard deduction, which do not allow these deductions.
For each limit with room left, the old-regime tax is worked out again as if that room were filled, and the difference is the tax it could save. The same is done for filling the 80C and NPS rooms together, which is the part you can fill by investing.
The comparison then shows which regime costs less today and after that extra investment, so you can see whether investing to save tax changes the answer at all.
From 1 April 2026 the Income-tax Act, 2025 replaced the 1961 Act and gave these deductions new section numbers. The page keeps the familiar labels (80C, 80D, 80CCD(1B), 24(b)) because that is how most people and most forms still name them.
Tax Saving Calculator formula
Room = Limit - min(Paid, Limit); Tax saved = Old tax now - Old tax with the room filled
- Limit
- = the old-regime cap for that deduction
- Paid
- = what you have paid or invested this year
- Old tax
- = old-regime tax including rebate, surcharge and 4% cess
In the 30% slab, before any surcharge, each ₹100 of deduction saves ₹31.20 (30% plus 4% cess). Lower slabs save less, and near the rebate limit a deduction can save more than its slab rate suggests.
Tax Saving Calculator: worked example
A salaried income of ₹15,00,000 with ₹90,000 in PPF and EPF and a ₹15,000 health policy
- Old regime tax with these deductions
- ₹2,24,640
- New regime tax
- ₹97,500
- 80C room left
- ₹60,000
- Tax saved by filling 80C (old regime)
- ₹18,720
- NPS 80CCD(1B) room left
- ₹50,000
- Old regime tax with 80C and NPS full
- ₹1,90,320
- Lower regime after filling
- New regime
Tax Saving Calculator: frequently asked questions
Do 80C and 80D deductions count under the new regime?
What counts towards the ₹1.5 lakh 80C limit?
Is the NPS deduction part of the ₹1.5 lakh?
Should I invest just to save tax?
Can I switch between the old and new regime?
Further reading
Comprehensive comparison between Old and New Tax Regimes for FY 2026-27. Understand breakeven deduction thresholds across income levels and choose correctly.
Calculate income tax on a ₹10 Lakh salary in India for FY 2026-27. Compare New vs Old Regime, standard deduction, and see which option saves you more money.
On the same money and the same return, a lumpsum wins on arithmetic. Why a SIP is still the right answer for most people in India.
Authoritative Sources
- Income Tax Department e-filing portal: Income-tax Act, 2025· verified 21 October 2026
- Income Tax Department of India: deductions and slab rates· verified 1 October 2026
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Reviewed by Pradipta Ray, MBA (Finance) · Updated