Deductions reduce your taxable income before tax is calculated. Almost all of them are available only under the Old Regime.
Deductions (Chapter VI-A, Sections 80C–80U) reduce your gross taxable income based on money you've spent or invested. Exemptions (like HRA or LTA) exclude specific components of your salary from tax entirely. See our separate Exemptions guide for that side of the picture.
| Section | What it covers | Limit |
|---|---|---|
| 80C | EPF, PPF, ELSS, life insurance, tuition fees, home loan principal | ₹1,50,000 |
| 80CCD(1B) | Additional NPS contribution | ₹50,000 |
| 80CCD(2) | Employer's NPS contribution (works in both regimes) | 10-14% of Basic+DA |
| 80D | Health insurance premiums (self, family, parents) | ₹25,000–₹1,00,000 |
| 80E | Education loan interest | No limit, 8 years |
| 80G | Donations to eligible charities | 50-100%, some capped |
| 80TTA / 80TTB | Savings account interest | ₹10,000 / ₹50,000 (seniors) |
| 24(b) | Home loan interest (self-occupied) | ₹2,00,000 |
| Standard Deduction | Flat deduction for salaried/pensioners | ₹50,000 (Old) / ₹75,000 (New) |
Standard deduction is the one exception available under both regimes.
Calculate each of these precisely with our dedicated tools.
Browse all India calculators →This is general educational content. Individual eligibility and limits can vary — verify with a CA before claiming deductions.