Tax Calculators
Free online tax calculators for GST, income tax, and tax comparison. Accurate calculations for tax planning, invoice preparation, and financial decisions.
GST Calculator
Calculate GST amounts for invoices with multiple tax slabs (5%, 12%, 18%, 28%). Supports both tax-inclusive and tax-exclusive calculations.
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Income Tax Calculator
Calculate income tax based on your income, deductions, and applicable tax slabs. Supports both old and new tax regimes.
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Tax Comparison Tool
Compare tax liabilities under different scenarios, such as old vs. new tax regimes, to make informed financial decisions.
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Our tax calculators provide accurate and easy-to-use tools for calculating various types of taxes. Whether you're preparing invoices with GST, planning your income tax, or comparing different tax scenarios, our calculators can help you make informed financial decisions.
GST Calculator
The GST (Goods and Services Tax) Calculator helps you calculate tax amounts for invoices and financial planning. It supports both tax-inclusive and tax-exclusive calculations with multiple tax slabs (5%, 12%, 18%, 28%). This calculator is useful for businesses, freelancers, and individuals who need to calculate GST for their transactions.
Income Tax Calculator
The Income Tax Calculator helps you estimate your income tax liability based on your income, deductions, and applicable tax slabs. It supports both old and new tax regimes, allowing you to see which regime is more beneficial for your specific situation. This calculator is useful for salaried individuals, self-employed professionals, and anyone who wants to plan their taxes efficiently.
Tax Comparison Tool
The Tax Comparison Tool allows you to compare tax liabilities under different scenarios, such as old vs. new tax regimes, different income levels, or varying deduction amounts. This tool helps you make informed financial decisions by showing you the tax implications of different choices. It's particularly useful during tax planning season or when considering major financial decisions.
Frequently Asked Questions
What is GST and how is it calculated?
GST (Goods and Services Tax) is a value-added tax levied on most goods and services sold for domestic consumption. It is calculated as a percentage of the price of the goods or services. For tax-exclusive calculations, GST is added to the original amount. For tax-inclusive calculations, GST is extracted from the total amount.
How accurate are these tax calculators?
Our tax calculators use standard formulas and are regularly updated to reflect current tax rates and regulations. However, they are meant for estimation purposes only and should not replace professional tax advice. For complex tax situations, we recommend consulting with a tax professional.
Can I use these calculators for business purposes?
Yes, our tax calculators can be used for business purposes such as invoice preparation, financial planning, and tax estimation. They are designed to be user-friendly and provide accurate results for common tax calculations.
Are these calculators applicable to all countries?
While the basic formulas used in our calculators are universal, the specific tax rates and regulations may vary by country. Our GST Calculator can be used for any country with a GST or VAT system by selecting the appropriate tax rate. The Income Tax Calculator and Tax Comparison Tool are primarily designed for the Indian tax system but can be adapted for other countries with similar tax structures.