Every salaried person is entitled to pay the Income Tax to the government of India. Income tax is based on different income sources and also has different sections for investments.
This application helps the tax payers to understand different sections of the Income tax act. This application is a basic reference about the sections of the Income tax. It provides information about various types of investments under each section and also the maximum limit under the sections.
It also has the FAQs section under different headings. Links for the important websites are provided to help the users.
This application also has a HRA calculator and Income tax calculator. HRA calculator takes the basic inputs and provides the actual HRA amount to be exempted. Income tax calculator is provided to calculate the amount to be paid as tax to the government. This application also has a feature to save the tax details calculated for further reference.
-Income Tax Calculator.
-Saving calculated tax information.
Disclaimer: HRA calculator and Income Tax calculator should be used as a general reference and not as a ultimate source of subject information.This app holds good for FY 2014-2015 and AY 2015-2016