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CALCULATORS


At any life stage we are faced with numerous questions on investments and finance. It surely helps to plan your finances and get your numbers correct when it comes to providing for the future.

Given below are a variety of easy-to-use calculators to help you with Finacial Planning.

 
 
HOW SECTION 80C REDUCES TAX PAYABLE

This calculator will help you in understanding how investments under section 80C will reduce your tax implication.
 
Enter the details of investments eligible for tax deduction under section 80C The amount of investments already made during year (user input) under 80C. Maximum limits available under section 80C for investment

Enter the details of life insurance you have on your life, your spouse's life and/or your children's life :

 
Enter the total sum assured (total amount of insurance taken of your dependants) (Rs.)
Enter the amount you have paid during the year as a premium for the insurance amount mentioned above* (Rs.)

Enter the details of the other investments you have done :

  
Enter the amount you have invested in recognized Provident Fund during the year (don't consider repayment of loan) (Rs.)
Enter the amount you have invested in Statutory Provident Fund during the year (don't consider repayment of loan) (Rs.)
Enter the amount you have invested in Public Provident Fund during the year (don't consider repayment of loan) (Rs.)
Enter the amount you have invested in an approved Superannuation Fund during the year (Rs.)
Enter the amount you have invested in invested in NSC, KVP and other government saving scheme(include accrued interest for the year) during the year (Rs.)
Enter the amount you have invested in ULIP (Unit linked Insurance Plan) of UTI and LIC during the year (Rs.)
Enter the amount you have invested in a bank fixed deposit with a 5-year or above tenure during the year (Rs.)
Enter the amount you have invested in ELSS (Equity Linkes Savings Schemes) (Rs.)
Enter the amount you have invested in the Pension Fund of UTI (Retirement Benefit Plan) and Templeton (Templeton Pension Plan) (Rs.)
Enter the amount you have paid for your child's education during the year (Rs.)
Enter the amount you have invested in an annuity plan of LIC (such as New Jeevan Dhara, New Jeevan Akshay) (Rs.)
Enter the amount you have invested in the Home Loan Account scheme or Pension Fund of NHB (National Housing Bank) (Rs.)
Enter the amount you have deposited with Housing Finance Companies (Rs.)
Enter the amount you have paid for purchase/construction of a residential house (Rs.)
Enter the amount you have invested in infrastructure sector (debentures and shares of companies engaged in infrastructure development) (Rs.)
Enter the amount you have paid as a premium for an annuity plan (section 80CCC) (Rs.)
Total investment you have made are (Rs.)
The amount considered for deduction from taxable income under section 80C is (Rs.)

You can further invest Rs.

 Check out how section 80C has reduced your tax payment
     
       Your investment options are:
  • Life insurance (premium that you can pay to use section 80C benefit)
  • Contribution to Recognized Provident Fund
  • Contribution to Statutory Provident Fund
  • Contribution to PPF
  • Contribution to an approved superannuation fund
  • Investment in NSC
  • Investment in ULIP of UTI and/or LIC Mutual Fund
  • Investment in a bank deposit of tenure of 5 years and above
  • Investment in ELSS
  • Investment in pension fund of UTI (Retirement Benefit Plan) and Templeton (Templeton Pension Plan)
  • Investment in an annuity plan of LIC (such as New Jeevan Dhara, New Jeevan Akshay)
  • Subscription to Home Loan Account scheme or Pension fund of NHB
  • Deposits with Housing finance Companies
  • Investment in infrastructure
  • Annuity plan (premium that you can pay to use section 80C benefit)

 Check out how section 80C has reduced your tax payment
Enter your gross taxable income (Rs.)
With 80C Without 80C
Your gross taxable income after considering all eligible tax deductions except deduction under section 80C is (Rs.)
Amount invested/paid for by you to claim deduction under section 80C. Note: Aggregate deductions under Sections 80C, 80CCC and 80CCD shall not exceed Rs 1 lakh.
Enter your age (in completed years)
Enter 1 if you are a woman, else enter 2
 Your tax status   
Your total taxable income is (Rs.)
Tax payable by you including education cess and surcharge, if any is (Rs.)
The actual tax rate applicable to you is (%)
When you are investing under section 80C, you are saving (Rs.)
Your effective tax rate is reduced by (%)