Income tax calculator with suggestions for saving tax in FY 2014-15 and AY 2015-16
I get a lot of requests from visitors asking for help in computing their income tax liability. They want to know exactly how much will they need to pay in income tax in the full year and also what will be their monthly TDS (Tax Deducted at Source).
Some also ask me to tell them what else they can do to reduce their income tax liability. I have explained all the provisions in detail in a separate article.
Here, I have created a calculator which will compute your income tax and TDS based on your income and also give you suggestions on where else can you invest to reduce your taxes. You will also get this detailed report in your email for future reference.
I have to put in a lot of effort to create this calculator. Hope you like it and also share it with your friends and social network 🙂
Do share your comments / suggestions below and if you’ve found this calculator useful, do share this with your friends.