Tax Saving Calculator
See how much income tax you can save by using common deductions and exemptions. Enter your income and planned investments to compare your tax with and without them.
Calculator
₹
₹
₹
₹
₹
₹
Total Deductions
₹2,25,000Tax Without Deductions
₹2,73,000Tax With Deductions
₹2,02,800Tax Saved
₹70,200How the Calculation Works
- 1Enter your annual taxable income
- 2Add planned deductions such as 80C and 80D
- 3View your tax saving and effective tax rate
Frequently Asked Questions
What is the most popular tax saving section?
Section 80C is the most widely used, allowing deductions up to a yearly limit for investments like PPF, ELSS, and life insurance premiums.
Do deductions apply under the new regime?
The new tax regime offers lower slab rates but removes most deductions, so the better option depends on your investment profile.
Automate This with ShiftSphere
Stop calculating manually. Let ShiftSphere handle payroll, attendance, and leave automatically.
Start Free Trial