Tax-Saving 2026: Why ELSS and 80C No Longer Matter for Most

The new tax regime is the default and offers zero tax up to ₹12 lakh (₹12.75 lakh for salaried).

The new regime gives no 80C, 80D, HRA or home-loan-interest deductions — so tax-saving investments don't cut your bill.

ELSS is still a solid equity fund, but its 3-year lock-in only earns its keep if you're in the old regime.

The old regime can still win if you have big HRA, a home loan, plus full 80C and 80D claims — run both numbers.

Employer NPS under 80CCD(2) is the one deduction that still works inside the new regime.