Section 80C / 80CCD(1B) / 80D Deduction Planner
Most people exhaust their ₹1.5 lakh 80C limit through EPF and insurance without noticing — and then buy an ELSS in March that gives no extra tax benefit. This planner lists every common 80C item, applies the statutory caps across 80C, 80CCD(1B) and 80D, and shows exactly how much room you have left and how much tax each remaining rupee of deduction would save at your marginal slab. All of these deductions apply only under the old tax regime.
Section 80C — limit ₹1,50,000 (combined with 80CCC and 80CCD(1))
- Employee Provident Fund and Voluntary PF
- Public Provident Fund, Sukanya Samriddhi, NSC, SCSS, 5-year tax-saver FD and post-office deposits
- Life insurance premium (up to 10% of sum assured), ULIPs, pension plans
- ELSS mutual funds (3-year lock-in)
- Tuition fees for up to two children (full-time education in India)
- Principal repayment of home loan, stamp duty and registration charges
Section 80CCD(1B) — additional ₹50,000 for NPS Tier-I
This is over and above 80C, making the total ₹2,00,000. Employer contribution to NPS u/s 80CCD(2) (up to 14% of basic + DA) is separate and available in both regimes.
Section 80D — health insurance
- Self, spouse and children: ₹25,000; ₹50,000 if you or your spouse is 60+
- Parents: additional ₹25,000; ₹50,000 if either parent is 60+
- Preventive health check-up up to ₹5,000 (within the above limits; cash allowed)
- Medical expenditure for uninsured senior citizens: allowed within the ₹50,000 limit
Worked example
EPF ₹60,000, PPF ₹50,000, ELSS ₹25,000, LIC ₹20,000 = ₹1,55,000 → only ₹1,50,000 allowed, ₹5,000 wasted. NPS ₹50,000 fully allowed. 80D: own premium ₹18,000 + check-up ₹3,000 = ₹21,000 (limit ₹25,000, ₹4,000 unused); parents (senior) ₹35,000 (limit ₹50,000, ₹15,000 unused). Total deduction ₹2,56,000 saves ₹79,872 at the 30% slab with cess; using the remaining ₹19,000 of 80D room would save another ₹5,928.
Make investments before 31 March and keep receipts — employers require proof by January or February for Form 16.
Frequently Asked Questions
Is NPS deduction over and above 80C?
Yes. Section 80CCD(1B) allows an additional ₹50,000 for your own NPS Tier-I contribution beyond the ₹1.5 lakh under 80C/80CCD(1). Employer NPS contribution u/s 80CCD(2) is a further separate deduction.
Can I claim 80D for parents who are not dependent on me?
Yes. Section 80D allows deduction for health insurance premium paid for parents whether or not they are dependent, up to ₹25,000 (₹50,000 if aged 60 or above).
Is a preventive health check-up paid in cash allowed?
Yes, the ₹5,000 preventive check-up is the only 80D item that can be paid in cash. Insurance premiums must be paid by non-cash modes.
Are these deductions available in the new regime?
No. The new regime (default from FY 2023-24) disallows 80C, 80CCD(1B) and 80D. It allows only employer NPS u/s 80CCD(2), Agniveer corpus u/s 80CCH and the standard deduction.
Disclaimer: This tool is for general information and estimation only. Tax rates and rules change — verify with official sources or a professional before acting. Read full disclaimer.