Tax Saving Calculator India 2026 — 80C, 80D, HRA & All Tax Benefits FY 2025-26
Calculate your maximum possible tax saving under all deductions — 80C, 80D, HRA, NPS, home loan, and more. See exactly how much tax you can save and which regime wins for your income.
🆕 Max 80C Saving: ₹46,800 (30% slab)✅ NPS 80CCD(1B): Extra ₹15,600🏠 Home Loan 24b: Up to ₹62,400📋 80D Health Insurance: ₹23,400📈 Old vs New Regime Live Comparison
Tax Benefit Calculator
Your Maximum Tax Savings FY 2025-26
Enter your income and investments. See total tax payable, tax saved, and exact saving from each deduction — live.
Vikash RoyalARN-356458 B.E. | MBA Finance | NISM Certified | 7+ Years in Finance
🆕 Maximum Tax Saving Under All Sections — FY 2025-26 (Old Regime)
Complete list of all tax deductions available in India for FY 2025-26 under the Old Tax Regime. New Regime allows only Standard Deduction (₹75K) and 80CCD(2).
First-time home buyer — affordable housing interest
₹1,50,000 (additional)
₹46,800
❌ No (scheme ended Mar 2022)
Section 80U
Disability of self (40–80% disability)
₹75,000 – ₹1,25,000
₹23,400 – ₹39,000
❌ No
LTA Exemption
Leave Travel Allowance — actual travel cost
2 journeys in 4-yr block
Varies
❌ No
Tax saved calculated at 30% slab + 4% cess = 31.2% effective. At 20% slab: multiply by 0.208 instead of 0.312. The maximum theoretically possible tax saving under Old Regime (30% slab, salaried with home loan, NPS, HRA in metro): approximately ₹1,80,000+ per year. Use the live calculator above for your personalised saving.
📈 Best Section 80C Investments 2026 — Ranked by Returns
All 80C options give the same ₹46,800 tax saving (at 30% slab). The difference is in returns, lock-in, and risk. Choose wisely — you're investing for years, not just saving tax.
⚡ Best Returns
📈
ELSS Mutual Funds
12–15% CAGR
🔒 3-Year Lock-in (Shortest)
LTCG 12.5% (above ₹1.25L)
Tax saving: ₹46,800
🏡
PPF
7.1% EEE
🔒 15-Year Lock-in
100% Tax-Free (EEE)
Tax saving: ₹46,800
🏠
EPF / VPF
8.25% EEE
🔒 Till Retirement
100% Tax-Free (EEE)
Tax saving: ₹46,800
🎉
SSY (Girl Child)
8.2% EEE
🔒 Till girl turns 21
100% Tax-Free (EEE)
Tax saving: ₹46,800
📋
NSC (Post Office)
7.7% (Govt.)
🔒 5-Year Lock-in
Yr 5 interest taxable
Tax saving: ₹46,800
💼
NPS (80CCD-1)
10–14% (Equity tier)
🔒 Till age 60
60% lump sum tax-free
Tax saving: ₹46,800
🏠
Tax-Saving FD
6.0–7.5%
🔒 5-Year Lock-in
Interest fully taxable
Tax saving: ₹46,800
🏠
Home Loan Principal
Saves loan interest
🔒 Already committed
Exempt under 80C
Tax saving: ₹46,800
All 80C options give identical ₹46,800 tax saving (at 30% slab on ₹1.5L). Difference is in post-tax wealth building. ELSS wins for wealth creation (12–15% CAGR, shortest 3-year lock-in). PPF wins for guaranteed tax-free returns. EPF/VPF wins as the mandatory safe base. Don't choose 80C only for tax saving — choose based on your goal's timeline, risk tolerance, and return expectation.
⚖ Old Regime vs New Regime — At What Deductions Does Old Regime Win?
The break-even point: total deductions at which old regime tax = new regime tax. Above this, old regime saves more. Below, new regime saves more.
Annual Income
New Regime Tax
Break-Even Deduction
Old Regime Tax (at break-even)
Verdict at Max Deductions (₹5L)
₹7,50,000
₹0*
N/A
N/A
📈 New Regime (Zero Tax)
₹10,00,000
₹52,000
~₹1.50 L
₹52,000
📋 Old Regime saves ₹28,600
₹12,00,000
₹0*
N/A
₹46,800
📈 New Regime saves ₹46,800
₹15,00,000
₹1,56,000
~₹3.75 L
₹1,56,000
📋 Old Regime saves ₹31,200
₹20,00,000
₹3,61,400
~₹3.90 L
₹3,61,400
📋 Old Regime saves ₹36,400
₹30,00,000
₹6,84,320
~₹2.80 L
₹6,84,320
📋 Old Regime saves ₹20,800
₹50,00,000
₹13,29,200
N/A
₹13,79,300
📈 New Regime saves ₹50,100
* Zero tax under New Regime at ₹7.5L due to 87A rebate after ₹75K standard deduction (taxable = ₹6.75L ≤ ₹7L limit). Zero at ₹12L due to 87A rebate of ₹60,000 (taxable = ₹11.25L). Old regime deductions in last column: Standard ₹50K + 80C ₹1.5L + NPS ₹50K + 80D ₹25K + HRA ₹1.5L + Home loan ₹2L = ₹6.25L total. New regime wins below ₹12.75L and above ₹45L. Old regime wins in the ₹13L–₹45L range for taxpayers with large deductions.
💡 4 Smart Tax Saving Strategies for FY 2025-26
Maximise your take-home with these high-impact, legal tax saving moves.
📈
ELSS + NPS: Maximum 80C + 80CCD(1B)
The highest-returning 80C combo: invest ₹1.5L in ELSS (12–15% CAGR, 3-year lock-in, ₹46,800 tax saved) + ₹50,000 in NPS 80CCD(1B) (₹15,600 additional tax saved). Total: ₹62,400 saved at 30% slab — with your money growing in market-linked instruments. At 20% slab: ₹41,600 saved. This combination saves more tax than any other dual-instrument strategy while building wealth.
🏠
Home Loan: ₹1,08,680 Tax Saving in One Shot
A home loan on a self-occupied property gives tax benefits under three sections: Section 80C (principal repayment, up to ₹1.5L), Section 24b (interest, up to ₹2L), plus your home appreciates as an asset. At 30% slab: ₹1.5L × 31.2% = ₹46,800 (principal) + ₹2L × 31.2% = ₹62,400 (interest) = ₹1,09,200 total tax saved. The government effectively subsidises 31.2% of your home loan cost through tax deductions.
📋
Senior Citizen Parents: Extra ₹23,400 via 80D
Buy health insurance for your senior citizen parents (60+) to claim an additional ₹50,000 deduction under Section 80D — over and above the ₹25,000 for your own family. Total 80D: ₹75,000. At 30% slab: ₹23,400 tax saved annually. This health insurance also protects your savings from catastrophic medical bills — making it a financial planning essential, not just a tax saving tool.
🚫
Don't Choose Old Regime Just for 80C Saving
At ₹12L gross salary: New Regime = ₹0 tax (87A rebate after ₹75K deduction). Old Regime even with full ₹1.5L 80C = ₹46,800 tax. Choosing old regime to "utilise" 80C actually costs ₹46,800 more. Always calculate both regimes before deciding — the "tax saving investments" in old regime are only beneficial if they save more than switching to new regime would. Use this calculator to find your break-even.
Total possible saving: ₹2,10,600+ annually at 30% slab for a metro-based homeowner with HRA and full deductions. This is nearly 2.1 lakh you keep instead of paying to the government — purely from legal deductions.
All 80C options save the same ₹46,800 tax (at 30% slab). The difference is in returns and lock-in:
1. ELSS Mutual Funds — 12–15% CAGR, 3-year lock-in ✅ Best for wealth
2. VPF/EPF — 8.25% EEE, mandatory for salaried ✅ Best guaranteed
3. SSY — 8.2% EEE, only for girl children ✅ Best for girl child
4. PPF — 7.1% EEE, 15-year lock-in ✅ Best for long-term safety
5. NSC — 7.7%, 5-year, govt. backed ✅ Good for short-term
6. NPS (80CCD1) — 10–14% CAGR equity, long lock-in
7. Tax-Saving FD — 6–7.5%, interest fully taxable ❌ Worst returns
Don't choose only for tax saving — choose based on your goal's timeline and risk appetite.
HRA exemption = Minimum of:
(a) Actual HRA received from employer
(b) Rent paid − 10% of basic salary
(c) 50% of basic (metro) or 40% of basic (non-metro)
Important: HRA is only available under Old Tax Regime — not available in New Regime. Also, you must actually pay rent AND your landlord's PAN is required if rent exceeds ₹1L/year.
Section 80D deductions for FY 2025-26:
• Self + Spouse + Children (below 60): Up to ₹25,000
• Self/Spouse (60+ senior citizen): Up to ₹50,000
• Parents (below 60): Additional ₹25,000
• Parents (60+ senior citizens): Additional ₹50,000
• Preventive health check-up: ₹5,000 (within the above limits)
Only available under Old Regime. Premium must be paid by non-cash mode (cheque/UPI/netbanking).
Home loan gives tax benefits under three sections:
Section 80C — Principal Repayment: Up to ₹1.5L per year (part of 80C limit). Saves ₹46,800 at 30% slab.
Section 24b — Interest: Up to ₹2L for self-occupied property. Unlimited for let-out property (but loss capped at ₹2L for set-off against salary). Saves ₹62,400 at 30% slab.
Section 80EEA — First-Time Buyer (Affordable Housing): Additional ₹1.5L interest deduction for first-time buyers of affordable property (stamp duty ≤₹45L, loan sanctioned Apr 2019 – Mar 2022). Saves additional ₹46,800. This scheme is now closed for new loans but existing borrowers can still claim.
Total max home loan benefit at 30% slab: ₹46,800 + ₹62,400 = ₹1,09,200 per year. Only available under Old Regime.
Simple decision framework:
Choose New Regime if:
✓ Income ≤ ₹12.75L (zero tax under new regime)
✓ Your total deductions are less than ₹3.5L
✓ You have minimal 80C investments, no HRA, no home loan
✓ Income above ₹45L (new regime wins at high income due to surcharge)
Choose Old Regime if:
✓ Full 80C (₹1.5L) + NPS 80CCD(1B) (₹50K) + HRA + home loan interest
✓ Senior citizen parents (₹50K extra 80D)
✓ Your total deductions exceed ₹3.75L for ₹15L income
✓ You're a metro resident paying high rent with HRA
Use this calculator — input your exact numbers and see which regime gives lower tax instantly.
Yes — Section 80E allows full deduction on education loan interest with NO upper limit.
Rules:
• Only the interest component is deductible — not the principal
• Available for 8 consecutive years from the year repayment starts (or till interest is fully repaid, whichever is earlier)
• Loan must be for self, spouse, children, or student for whom you are legal guardian
• Loan must be from a recognised financial institution or approved charitable institution
• No maximum deduction — even ₹5L or ₹10L of interest is fully deductible
Example: ₹30L education loan at 10% = ₹3L interest in Year 1. At 30% slab: saves ₹93,600 in tax. Section 80E is available under Old Regime only and even for loans taken for self-education.
🆕 Are You Leaving Tax Savings on the Table?
Most salaried Indians overpay tax because they don't fully utilise all available deductions — or because they chose the wrong regime. Vikash Royal will audit your salary structure, current investments, and tax regime — and build a personalised tax saving plan that maximises your take-home legally. SEBI-Registered. ARN: ARN-356458
