Work out 80c deduction instantly with clear inputs, formula shown and shareable results.
The main investment deduction pools several items — provident fund, life insurance, equity savings schemes and home loan principal — under one shared cap. Because provident fund alone often uses much of it, additional investments may buy no extra relief.
Pooled deduction
Allowed = min(sum of qualifying items, statutory cap)
Tax figures are estimates based on the rates, caps and thresholds you enter. Real rules differ by jurisdiction and change every year, and personal circumstances alter the outcome. This is not tax or financial advice — confirm with a qualified adviser.
Yes, and it often fills the limit on its own, which people overlook when buying extra insurance for tax reasons.
No. Simplified low-rate regimes typically withdraw it, which is the trade for the lower rates.