Income Tax Calculator provides a quick and easy way to calculate your tax in a beautifully designed app.
Why use our Income Tax Calculator:
Calculation of Tax for all available Assessment Years.
-> 2020 - 2021
-> 2019 - 2020
-> 2018 - 2019
-> 2017 - 2018
-> 2016 - 2017
-> 2015 - 2016
-> 2014 - 2015
-> 2013 - 2014
-> 2012 - 2013
-> 2011 - 2012
-> 2010 - 2011
and for all Tax Payers
-> Domestic Company
-> Foriegn Company
-> Co-operative Society
Abilites we provide in the app -
-> Automatic Standard Deduction of 50,000 for the assessment year - 2020 - 2021 and 40,000 for the assessment year 2019 - 2020.
-> Income from House property
-> Profits and gains of business or profession
-> Taxation on Capital Gains
Short Term On Capital Gains (STCG) as per Slab tax Rates
Short Term On Capital Gains (STCG) @15%
Long Term On Capital Gains (LTCG) with Cost Inflation Index
Long Term On Capital Gains (LTCG) without Cost Inflation Index
-> Income from Other sources
Commission / Other Income
Winning from Lottery, Crossword Puzzles, etc
-> Agricultural Income
-> Deductions U/S 80C, 80CC, 80CCD, 80D, 80DDB, 80G, 80DD, 80E, 80U, 80TTA and 80TTB
-> Relief U/S 87A
Minimalist Calculator gives you the power to calculate tax on the go!
House Rent Allowance Calculator to calculate the cost of living in a rented accommodation.
Acts & Archives provides you all the Income Tax Acts (Chapter Wise) with search functionality and that too available offline.
In-app database allows you to save your records.
Compare Records of different users.
Use the app in your preferred language - English or
Dark Mode , a dramatic look that's easy on your eyes and helps you focus on your work. **
You can also print and share your record details in a QR coded PDF format.
P.s.- This app is designed according to the Indian Income Tax Act, 1961 as amended by Finance act of the selected year.
Follow us on Instagram - @incometaxcalculator
This app is developed by Dipin Arora, a first year student of Bachelor of Technology (Computer Science And Engineering).
** This feature requires in-app purchases.