Deductions reduce your taxable income. Add what applies to you — skip what doesn't. Many of these come from your Form-16 and investment documents.
Maximum combined limit: ₹1,50,000
Total claimed
₹0
If you received HRA from your employer AND paid rent, a portion is tax-free. Your Form-16 shows the HRA amount. We calculate the exact exemption automatically.
Interest you paid on your home loan this year. Max deduction: ₹2,00,000 for self-occupied property. Get the exact amount from your bank's home loan interest certificate.
Premiums paid for health insurance. Even if your parents have no insurance, you can claim up to ₹50,000 for their medical expenses.
Extra ₹50,000 beyond 80C — one of the best unused deductions
Works in BOTH old and new regime
80U — Your own disability
80DD — Dependent with disability
If you filed ITR in a previous year and had capital or business losses, those can reduce your tax this year. Check your last ITR or ask your CA.
You must have filed ITR in the year the loss occurred to carry it forward. If you didn't file, the loss cannot be used.