How depressing is it for us in the US that the Indian tax code is simple enough that someone can "show HN" a tax calculator.
Great for just calculating the amount of tax that one needs to pay without going into the process of login and setting up a user account. +1 for the great interface.
Cleartax.in (YC funded) provides a much more comprehensive solution of filing taxes and returns. Although their UI needs a serious upgrade as per today's standards.
Yesterday only, I have used Cleartax.in to file my Income Tax Return. Their service is simple to use and they do appropriate checks to make sure that your filing is consistent.
PS - Not affiliated to Cleartax.
The British equivalent: http://www.listentotaxman.com/
Only for people with normal jobs or self employed though, doesn't take things like capital gains or dividends into account (but these have nicer rates than normal income anyway, so it's good as a worst case calculator anyway.)
> "TDS Deducted from Salary"
It would be helpful to explain initialisms like TDS for those who don't know.
I can't help but notice the .net.in domain. I haven't seen this before. Is this like .co.in but for .net versions ?
I feel the website is a good starting point but would be nice if it had more sliders for providing various inputs and a real time update of the tax to be paid.
ClearTax has a tax calculator as well :D
I think you may have a floating point bug or two:http://imgur.com/zmOCoY0
Looks nice. Just a question, are you storing the data. (I know not sensitive but still.)
Fascinating. My income tax liability in India would roughly match my liability here in the United States (assuming I took similar deductions).
Are there Indian equivalents to the U.S. payroll taxes or other broad-based, non-consumption taxes?
Ugh, taxes are due in 6 days. I have to remember to do them soon.
Really wish this was open source. :/
Looks good.
I used Revenue Canada's instructions for computer programs to create a spreadsheet that I called "payswell". I GPLed it and published it at sourceforge however I only implemented one tax year.
In the US every state has different income taxes; some don't have income tax at all such as Washington. I always intended to create a US spreadsheet but the task seems daunting.
http://www.ynithya.com/taxcalc/ is also good
Nice. However I must ask, the official tax department's site has been revamped and added a very slick calculator [1] a few months or maybe a year ago. Is there a good reason to prefer yours ?
However, if you are an expert in tax rules, here's something I'd pay money for - clear tax guidance in the form of a decision engine, where I can feed my inputs and get an accurate interpretation of the tax rules. I will pay for this as long as you can back the interpretation by a certified tax consultant.
[1] http://www.incometaxindia.gov.in/Pages/tools/income-tax-calc...