High 5 Apps for Calculating Your Revenue Tax | picture credit score: pixabay
- Finance Minister Nirmala Sitharaman on Saturday introduced the Union Price range for the monetary yr 2020-2021, saying discount in earnings tax charges and giving main aid to particular person taxpayers.
- Aayakar Setu App is an Revenue Tax Division initiative which helps in offering fast tax calculation device
- Simple Tax Calculator app cannot solely provide help to to calculate the tax payable on your earnings but in addition helps on easy methods to file your earnings tax return on-line in ITR submitting information part.
Finance Minister Nirmala Sitharaman introduced the Union Price range for the monetary yr 2020-2021 on Saturday. He proposed adjustments within the current earnings tax slabs to scale back the tax burden for particular person taxpayers.
As per the brand new tax slab, 10 per cent for residents with earnings between Rs 5 to 7.5 lakh, 15 per cent on earnings between Rs 7.5 lakh and Rs 10 lakh, 20 per cent on earnings between Rs 10 lakh and Rs 12.5 lakh, Rs 12.5 lakh There will likely be tax. 15 lakh to 25 per cent and eventually 30 per cent tax on earnings above Rs 15 lakh. In distinction, people incomes lower than Rs 5 lakh won’t be taxed in any respect. Nonetheless, taxpayers have the choice of both sticking to the previous tax slab or choosing the brand new slab, topic to sure amendments.
To be sincere, these surprising numbers can drive anybody loopy, however finally, all of us should take care of them to pay taxes.
What if we inform you that there’s a straightforward technique to calculate earnings tax? Sure, a number of cellular apps can assist you do that in minutes. Try our listing right here.
High 5 Cellular Apps to Calculate Your Revenue Tax
- Revenue Tax Calculator: It supplies a fast and simple technique to calculate your tax in a person pleasant method. You can even select your most well-liked language between English and Hindi.
- Revenue Tax Bridge: It’s an Revenue Tax Division initiative which helps in offering fast tax calculation device. Taxpayers may also ask their queries to tax specialists on reside chat.
- Simple Tax Calculator: The cellular app cannot solely provide help to calculate the tax payable on your earnings however may also help you on easy methods to file your earnings tax return on-line within the ITR submitting information part.
- Revenue Tax Calculator 2017, 2018, 2019, 2020 India: The calculator is at present accessible for the monetary years 2017-2018, 2018-2019, 2019-2020 (Evaluation Years 2018-2019, 2019-2020, 2020-2021).
- Revenue Tax Calculator: Aside from earnings tax calculator, this app supplies tax-saving data and tax charges.