FY 2024-25 & FY 2025-26 Budget Slabs Grounded
Section 80C & 80D Income Tax Planner
Compare your exact tax liability under the Old Tax Regime vs the New Tax Regime. See how deploying LIC premiums (Section 80C) and health insurance covers (Section 80D) dramatically lowers your net income tax.
Enter Your Income & Tax DeductionsReal-Time Recalculation
Employment Type
Standard deduction applies: ₹50,000 (Old) / ₹75,000 (New)
Includes Life Insurance Corporation (LIC) premium deposits, children's school tuition fees, and statutory provident funds.
Current Input:
Regime Recommendation
Net Tax Liability ComparisonIncl. 4% Cess
Old Regime
New Regime
Tax Saved via Insurance (80C & 80D):
Without investing in LIC and Health insurance, you would have surrendered this amount directly to the income tax department!
Section 10(10D) 100% Tax-Free Maturity
Unlike Fixed Deposits or Mutual Funds where maturity returns trigger Capital Gains Tax, all LIC life policy maturity amounts and death claims are 100% exempt from income tax under Section 10(10D).
Estimates for guidance only, not tax advice. Please verify with your tax consultant before filing.
