
Informazioni su Income Tax Calculator (2018) |
Income Tax Calculator (2018) for India
This application, Income Tax Calculator (2018), is an educational demo designed by 15IT146 Shalin and 15IT150 Vishwarajsinh, under the guidance of Prof. Pritesh Prajapati. It aims to provide a comprehensive tool for calculating income tax based on various financial details.
About the Application
The Income Tax Calculator (2018) is meticulously crafted to assist users in determining their taxable income and the corresponding tax liability as per Indian tax laws. This application includes a detailed form where you can input your personal and financial information:
Personal Details:
- Name
- Employee ID
- Department
- Institute Name
- Mobile No
- PAN Card No
Income Details:
- Gross Salary
- Extra Income (Exam, Academy, etc.)
Deductions:
- Professional Tax
- House Loan Interest
- Education Loan Interest
- Mediclaim
Investments up to ₹1,50,000:
- Provident Fund
- Insurance Premium
- Child Tuition Fees Paid
- Housing Loan Principal Amount
- Public Provident Fund
- National Saving Certificate
- United Linked Insurance Plan
- Mutual Fund (ELSS)/Tax Saving FD
Additional Features:
- National Pension Scheme (NPS Tier 1)
- Standard Deduction
- Sharing Feature (Via Email, SMS, WhatsApp, etc.)
Future Enhancements
More features are being added to enhance the user experience and make it even more robust. Stay tuned for updates!
This application is intended purely for educational purposes and serves as a practical guide for understanding how income tax calculations work in India.
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