High 5 earnings tax calculator apps



High 5 apps to calculate your Revenue Tax | Picture credit score: Pixabay&nbsp

Key Highlights

  • Finance Minister Nirmala Sitharaman on Saturday introduced the Union Funds for the monetary 12 months 2020-2021, asserting cuts in earnings tax charges and giving nice aid to particular person taxpayers

  • The Aaykar Setu app is an Revenue Tax Division provoke that helps in offering fast tax calculation instruments

  • The Straightforward Tax Calculator app can’t solely assist you calculate the payable tax in your earnings but additionally help on easy methods to file your Revenue Tax Return on-line in ITR Submitting Information part

Finance Minister Nirmala Sitharaman on Saturday introduced the Union Funds for the monetary 12 months 2020-2021. She proposed to rejig the present earnings tax slabs to cut back the tax burden for the person taxpayers. 

As per new tax slabs, residents incomes earnings between Rs 5 to 7.5 lakh earnings can be taxed at 10 per cent, Rs 7.5 lakh to Rs 10 lakh at 15 per cent, Rs 10 lakh to 12.5 lakh at 20 per cent, Rs 12.5 lakh to fifteen lakh at 25 per cent and lastly these above the earnings of Rs 15 lakh can be taxed at 30 per cent. In distinction, people with a wage under Rs 5 lakh won’t be taxed in any respect. Nevertheless, taxpayers have a option to both stick with the outdated tax slabs or select the brand new slab, which has some amendments.

Actually, these mind-boggling numbers can drive anybody loopy, however ultimately, all of us should take care of them to pay taxes.

What if we inform you that there is a easy option to calculate Revenue Tax? Sure, a number of cell apps may also help you do that in minutes. Right here examine our record.

High 5 cell apps to calculate your Revenue Tax 

  1. Revenue Tax Calculator: This gives a fast and straightforward option to calculate your tax in a user-friendly approach. You’ll be able to select your most well-liked language between English and Hindi too.

     
  2. Aaykar Setu: This is an Revenue Tax Division initiative that helps in offering fast tax calculation instruments. Taxpayers also can ask their queries from tax specialists on dwell chat.

     
  3. Straightforward Tax Calculator: The cell app can’t solely assist you calculate the payable tax in your earnings but additionally help on easy methods to file your Revenue Tax Return on-line within the ITR Submitting Information part.

     
  4. Revenue Tax Calculator 2017, 2018, 2019, 2020 India: At present the calculator is obtainable for the monetary 12 months 2017-2018, 2018-2019, 2019-2020 (evaluation Yr 2018-2019, 2019-2020, 2020-2021). 

     
  5. Revenue Tax Calculator: In addition to the earnings tax calculator, this app gives tax-saving data and tax charges.



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