Recently the Modi government announced the interim budget 2019 with that came some major announcements for this session. The highlight announcement that came to fore this time was the changes in the income tax slabs. The significant changes in the income tax slab rates might have aroused curiousness among people with respect to the payment of income tax. If you’re looking for income tax calculator apps in India, you are at the right place.
Given below are the 5 income tax calculator apps that will help you with the new income tax slabs rate and will also help you to understand them better.
The My Tax India app is the easiest understandable app with no complications, while the app is one of the fastest tax calculator apps regarding usage as it instantly calculates your tax and can even help you to know how much you need to invest to save a given amount of your income. There are various other features such as the option to export your details, enable multiple user entries, saving graphs and more in this app.
The myITreturn app is the best for quickly calculating your income tax payment and users can even know the status of their electronically filed income-tax return and check the status of their income tax refunds. They also have a feature to find their respective assessing officer and avail timely notifications from the app to be updated with all the income-tax return details.
This tax calculator app calculates your income tax based on the income you enter, or you can also create an account to get the detailed calculations done. You will need to provide details like the break-up of your salary, investments and your savings after which the tax calculator app will tell you the exact amount you need to pay. Moreover, there are also some other features such as options for saving the results, mailing them or share them with others.
All India ITR app
The All India ITR app comes with many tools to help taxpayers file their return such as Income Tax Return Filing, HRA Exemption Calculator, Income Tax Calculator, Rent Receipt Generator and more. Users can connect to All India ITR for any problems while the app assistance is available for both individuals and businesses.
Tax Guide with 10 calculators
This tax calculator app is meant for professionals such as chartered accountants, lawyers, cost accountants, and more while if you are well versed with the knowledge these professionals have, you can also use the Tax Guide with 10 calculators app.
You will be able to calculate tax deductions, exemptions and more under the Income Tax Act while also get information regarding all the new circulars, instructions and case laws from Central Board of Direct Taxes (CBDT) and various case laws. With this tax calculator app, you will be able to compute your income tax along with tax deduction at source, rent-free accommodation perquisite, house rent allowance exemption, leave salary exemption amount and more.