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Modified : 15 Dec 2018

Calculate Deductions Available under Chapter VI
For Resident Individuals & HUFs

You may use Tax Saving Calculator to know the available deductions and its effect on tax liability.

Select Status
Section / Available toBrief Information about the SectionAmount
80C for Individuals and HUFsFor amounts paid / contributed / invested in PF, PPF, NSC, Life Insurance, Eligible MFs, Tuition Fee, Repayment of Home Loan etc. Max. ₹ 1.50 lac
80CCC for IndividualsFor contributions to certain pension funds Max. ₹ 1.50 lacs
80CCD1 for IndividualsFor assessee's contributions to pension scheme of Central Government Max. ₹ 1.50 lac
Total of Deductions u/s 80C, 80CCC and 80CCD(1) - Max. ₹ 1.50 lakh
80CCD(1B) for IndividualsFor Additional Contribution to New Pension Scheme (NPS) Max. ₹ 50,000/-
80CCD2 for IndividualsFor employer's contributions to pension scheme of Central Government Max. 10% of salary
80CCG for Resident IndividualsResident Individuals having Gross Total income upto ₹ 12 lac. For investment in Equity Saving Scheme Max. ₹ 25,000/-
80D for Individuals and HUFsHealth Insurance - Self & family Max. ₹ 50,000/- for Senior Citizens & ₹ 25,000/- for others
80D for Individuals and HUFs.For Health Insurance of parents. Max. If parents are Senior Citizen ₹ 50,000/-, else ₹ 25,000/-
80DD for Resident Individuals and HUFsFor maintenance / medical treatment of dependent having disability Max. ₹ 1.25 lac.
80DDB for Resident Individuals and HUFsFor medical treatment of specified deseases. Max. ₹ 1,00,000/- in case of Senior and Very Senior Citizens and ₹ 40,000/- for others
80E for Resident Individuals and HUFsFor interest on loan taken for higher education
80G for All assesseesFor donations to certain funds, charitable institutions, etc.
80GG for Individuals not receiving HRAFor house rent paid Max. ₹ 60,000/-
80QQB for Resident Individual authorsFor royalty on books Max. ₹ 3 lac
80RRB for Resident Individual PatenteeFor royalty on patents Max. ₹ 3 lac
80TTA for Individuals below 60 years of ageFor interest on deposit in savings account Max. ₹ 10,000/-
80TTB for Resident individuals above 60 years of ageFor interest on deposit with banks / post offices Max. ₹ 50,000/-
80U for Resident IndividualsFor a person with disability Max. ₹ 75,000, in case of severe disability ₹ 125,000/-
Any other eligible deduction
Total Deductions from Taxable Income

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