Overview
What tax deductions are available and why they matter
EZTax.in offers all types of investments and deductions under Chapter VI-A — from 80C investments (PF, PPF, LIC, ELSS, NPS) to health insurance (80D), education loans, and savings interest. Each deduction reduces your taxable income and lowers your tax liability. EZTax provides field-level guidance on limits and eligibility at every step.
₹
₹1.5 Lakh 80C Limit
Section 123 (80C) of IT Act 2025 allows up to ₹1,50,000 in investments like PF, PPF, LIC, ELSS, and NPS.
₹
Extra ₹50K for NPS
Additional ₹50,000 deduction for employee's own NPS contribution (Section 124/80CCD-1B).
🏥
Health Insurance 80D
Claim deductions for health insurance premiums for self, family, and parents under Section 126 (80D).
✓
Auto-extracted Limits
EZTax automatically enforces deduction limits and will flag if you exceed the maximum allowed amount.
Tax Saving Investments — Section 80C / Section 123
Declare PF, PPF, LIC, ELSS, NPS, and other investments
1
Provident Fund (PF)
Enter the PF amount deducted from your salary. This is typically visible on your salary slip and Form 130 (Form 16).
2
Public Provident Fund (PPF)
Enter the PPF amount deposited for yourself, spouse, or children. You can claim the deduction for contributions made to any family member's PPF account.
3
Tax Saving Investment Details (Section 80C / Section 123)
The total limit for this screen is ₹2,00,000 (₹50K NPS + ₹1,50,000 for all other 80C items). Additionally, employer NPS contributions up to 10% of salary are deductible under Section 124(2) (80CCD(2)) over and above this limit.
4
More Deductions under 80C
Declare investments such as Mutual Funds (ELSS), NSC (National Savings Certificate), 5-year Post Office or Fixed Deposits, pension policies, Sukanya Samriddhi, and children's tuition fees. Maximum limit: ₹1,50,000 under 80C; ₹50,000 for employee NPS contribution (80CCD-1B); 10% of salary for employer NPS contribution (80CCD-2).
Tip: EZTax automatically calculates and enforces 80C limits. If your total exceeds ₹1,50,000, the system will flag the excess so you don't over-claim.
Health Insurance Deduction — Section 80D / Section 126
Claim health insurance premiums for family and parents
1
Family Health Insurance (Section 80D / Section 126)
Enter the health insurance premium paid for yourself and your immediate family (spouse and children). You can also include the amount paid for preventive health check-ups (up to ₹5,000 within the overall limit).
2
Parents Health Insurance (Section 80D)
Enter the health insurance premium paid for your parents. The limit is higher if your parents are senior citizens (aged 60 or above). This is claimed separately from your own family's insurance.
Deduction Limits: ₹25,000 for self/spouse/children; ₹50,000 if parents are senior citizens. Preventive health check-up of up to ₹5,000 is included within these limits.
Other Deductions — Section 80CCG, 80DDB, 80E, 80EE, 80GG, 80TTA/TTB
Less common but significant deductions for education loans, rent, and interest
1
Other Deductions
Declare deductions that are less commonly claimed, such as: education loan interest (Section 128/80E), rent paid if no HRA (Section 134/80GG), treatment of specified diseases (Section 128/80DDB), additional home loan interest exemption (Section 130/80EE), and other applicable deductions under Chapter VI-A.
2
Section 80TTA + 80TTB (Savings & FD Interest)
EZTax automatically extracts the applicable amount of savings account or fixed deposit interest into 80TTA (for individuals below 60) or 80TTB (for senior citizens). No manual entry is usually needed for this field.
Note: Section 80CCG (Rajiv Gandhi Equity Savings Scheme) is no longer available for new investments but may apply if you invested before 2017. EZTax will guide you based on your specific situation.
Save Your Progress & Set Reminders
Don't lose your work — save and come back anytime
1
Save Progress
EZTax automatically saves your data as you go. You can also click Save at any time to ensure your deductions are recorded. You can return to this section later to add or modify entries.
2
Set Reminders
Use EZTax's reminder feature to get notified about upcoming deduction deadlines (e.g., March 31 for most deductions). Click on "Remind Me" to set an alert.
3
Review in Tax Summary
After completing this section, proceed to the Tax Summary screen to see how your deductions reduce your total tax liability.
EZTax provides on-screen help for every field. Click the ℹ️ icon next to any field to see the deduction limit, eligibility conditions, and what documents you may need.
Need Assistance?
Our tax experts are available to help you via call, WhatsApp, chat, or email.