Tax Saving Calculator 2026

Maximize your Income Tax Returns with the **Professional Savings Planner**.

Your Investment Strategy

Section 80C Investments ₹ 1,50,000

EPF, PPF, ELSS, Insurance premiums. **Max: ₹1.5L**

Section 80D (Health Insurance) ₹ 25,000

Self, Family & Parents insurance. **Max: ₹1L**

Section 80CCD (NPS Premium) ₹ 50,000

National Pension System exclusive benefit. **Max: ₹50k**

TOTAL CASH SAVED
₹ 0

by optimizing your tax deductions.

Why Plan Your Savings?

Investing ₹2.5 Lakh in Section 80C, 80D, and NPS can reduce your taxable income significantly. Depending on your tax slab (20% or 30%), this can mean an actual bank balance increase of up to **₹78,000** annually.

Current Tax Slab: 30%

Maximize Your Wealth with our Tax Saving Calculator India

Tax planning is not an end-of-the-year activity; it's a year-long strategy. Our **Tax Saving Calculator India** helps you visualize how every rupee invested in government-approved schemes reduces your tax liability. For FY 2025-26, managing your Section 80C and 80D limits is the most effective way to increase your in-hand salary.

Core Sections for Maximum Tax Benefit

Under the **Old Tax Regime**, there are three pillars of tax savings that every taxpayer should focus on:

Section 80C (Universal)

Deduction up to ₹1,50,000 for ELSS, PPF, and Insurance.

Section 80D (Health)

Deduction for medical insurance premiums for family and parents.

NPS (Section 80CCD)

Exclusive additional deduction of ₹50,000 under Section 80CCD(1B).

Is Tax Saving available in the New Tax Regime 2026?

It is crucial to note that the **New Tax Regime** has higher basic exemption limits but removes almost all deductions, including Section 80C and 80D. If you have significant investments, our **In Hand Salary Calculator** suite will show that the Old Regime might still be more beneficial for you.

Tax Saving FAQs

**ELSS (Equity Linked Savings Scheme)** has the shortest lock-in period of 3 years and offers equity-linked returns. **PPF** is better for risk-averse long-term savers.
Apart from the ₹1.5L limit of 80C, Section 80CCD(1B) provides an exclusive deduction of ₹50,000 for NPS contributions.
Yes. You can claim up to ₹50,000 if your parents are senior citizens (above 60 years) for their health insurance premiums.

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