NPS vs PPF vs ELSS Calculator — Which Saves More Tax?
Compare all three major 80C/80CCD tax-saving instruments side by side. See annual tax savings, post-tax corpus, lock-in, and liquidity.
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NPS allows up to ₹2L (₹1.5L under 80C + ₹50K under 80CCD(1B)). PPF and ELSS max ₹1.5L under 80C.
5yr15 years40yr
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7%7.1%8%
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Open NPS account in 10 minutes — save ₹15,600+ extra in tax
Extra ₹50,000 under 80CCD(1B) saves up to ₹15,600/year at 30% bracket
Open NPS Free →
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📊 Note: PPF rate (currently 7.1%) is revised quarterly by the Government of India. ELSS and NPS returns are assumed — actual returns may vary significantly. Past performance of ELSS does not guarantee future returns.
Frequently Asked Questions
NPS offers an additional deduction of up to ₹50,000 under Section 80CCD(1B) — over and above the ₹1.5L limit under 80C. This means NPS users can get a total deduction of ₹2L annually, saving up to ₹15,600/year more if in the 30% bracket with cess.
Yes. PPF follows the EEE (Exempt-Exempt-Exempt) model: the investment is tax-deductible, returns are tax-free, and the maturity amount is fully tax-free. This makes PPF one of the most tax-efficient instruments available.
After the 3-year lock-in, ELSS gains are treated as Long-Term Capital Gains (LTCG). Gains up to ₹1.25L per year are exempt (Budget 2024 update). Above ₹1.25L, LTCG is taxed at 12.5% (no indexation). This is less than what the old regime income tax rate would be.
At NPS maturity (age 60): 60% of the corpus is available as a tax-free lump sum. The remaining 40% must be used to buy an annuity, whose income is fully taxable as per your slab. This is why NPS post-tax returns require careful modelling.
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