Tax Saving Planner – Estimate Tax & Explore Deductions
Use this tax saving planner to estimate your income tax, compare tax regimes, and understand how eligible deductions and investments may reduce your tax liability.
Income & Tax Details
Adjust the inputs below to estimate taxable income and tax payable based on selected assessment year, tax regime, and eligible deductions.
Estimated Tax Summary
The figures shown below are indicative estimates based on current tax slabs and selected inputs. Actual tax liability may vary depending on applicable laws and individual circumstances.
Slab-wise Tax Calculation
This table provides a simplified breakdown of tax calculation across income slabs under the selected tax regime.
| Income Slab | Rate | Tax Amount |
|---|
Common Tax-Saving Options (Illustrative)
ELSS Mutual Funds
Equity-linked savings schemes eligible under Section 80C, offering potential long-term growth with a mandatory lock-in.
National Pension Scheme (NPS)
Additional deduction of up to ₹50,000 under Section 80CCD(1B) for retirement-oriented contributions.
Public Provident Fund (PPF)
Government-backed long-term savings scheme with tax-exempt maturity and Section 80C benefits.
These options are shown for educational purposes only. Eligibility, limits, and benefits depend on prevailing tax laws.
This tax saving planner is for educational and informational purposes only. Calculations are indicative and based on assumed inputs and current tax laws. It does not constitute tax, financial, or legal advice. Please consult a qualified tax professional before making decisions.