NSE ELSS Tax Saving Planner

Understanding Section 80C and ELSS

Section 80C of the Income Tax Act allows Indian taxpayers to reduce their taxable income by up to ₹1.5 Lakh per financial year. While there are many options like EPF, PPF, and Insurance, Equity Linked Savings Schemes (ELSS) are often the most effective for wealth creation.

Why choose ELSS?

• Shortest Lock-in: ELSS has a lock-in period of only 3 years, compared to 5 years for FDs/NSC and 15 years for PPF.
• Higher Returns: Being equity-linked, ELSS has the potential to deliver 12-15% annual returns over the long term.
• Tax-Efficient: Profits up to ₹1.25 Lakh are tax-free as per the latest LTCG rules.

How to use this planner:

Enter your existing mandatory and voluntary investments (like EPF deducted from your salary or PPF contributions). Our tool will calculate the "ELSS Gap"—the remaining amount you should invest to hit the ₹1.5 Lakh limit and save up to ₹46,800 in taxes (for the 30% slab).