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Tax = ₹1,25,000 + cess = ₹1,30,000.
With 80C (₹1.5L) + 80D (₹50K) + NPS (₹50K) + HRA (₹1.3L) + Standard (₹50K) = ₹4.3L deductions. Taxable = ₹10.7L. Tax = ₹67,600 + cess.
Old regime saves ₹62,400/year — significant savings!
Read our complete guide: Tax Saving for Salaried Employees
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All calculations use standard financial formulas. SIP returns use compound interest formula: FV = PMT × [((1+r)^n - 1) / r]. EMI uses: EMI = P × r × (1+r)^n / [(1+r)^n - 1]. Tax calculations follow Income Tax Act provisions for the current assessment year. Insurance premiums are indicative market averages.
Sources: RBI, SEBI, Income Tax Department of India, CIBIL, IRDA, LIC of India. Data verified as of Aug 2026.
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Disclaimer: This website provides general educational information only and does not provide personalized investment advice or recommendations. Financial decisions should be made after considering individual circumstances and consulting a qualified professional where appropriate. Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Past performance does not guarantee future results.