Income Tax Calculator

shuttletechnologies

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About this app

📱 TaxOptima India – Income Tax Calculator

TaxOptima India is a simple, fast, and reliable income tax calculator designed to help salaried individuals estimate their tax liability under both old and new tax regimes.

The app is intended for informational and estimation purposes only, using publicly available tax data.

🔹 Key Features
🧮 Tax Estimation
Estimate income tax under old and new tax regimes
Monthly TDS and in-hand salary calculation
Supports standard deductions and common inputs
🎯 Goal Planner with Reverse Solver
Plan financial goals based on savings targets
Reverse-calculate required investment amounts
📊 Insights & Visuals
Interactive charts to track growth over time
Inflation-adjusted calculations for better planning
🇮🇳 Tax Data (Based on Public Sources)
Includes tax rules based on publicly available information
Supports LTCG calculations and applicable exemptions
Helps compare tax regimes easily
🎨 App Experience
Clean and modern UI with Dark Mode
Fast and works offline
No unnecessary permissions
📌 Data Sources

Tax rules, slabs, and deductions used in this app are based on publicly available information from official Government of India websites:

• Income Tax Department of India
https://www.incometax.gov.in/

• Union Budget – Ministry of Finance
https://www.indiabudget.gov.in/

⚠️ Disclaimer

This app is not affiliated with, endorsed by, or representing any government entity.

The information provided is for general informational and estimation purposes only. Tax calculations may vary based on individual circumstances and official updates. Users are advised to verify details from official sources or consult a qualified professional before making financial decisions.

🔒 Privacy First
No personal data is collected or shared
All calculations are performed locally on your device
👍 Who Should Use This App?
Salaried individuals
Beginners learning tax planning
Users comparing tax regimes
Anyone who wants a quick tax estimate without complexity

What’s new

- Animated Charts: Added a side-by-side bar chart to visually compare New vs. Old Tax liability.
- Tax Breakup: Added a "View Calculation Details" section showing the specific math for each tax slab.
- Bug Fixes: Resolved compilation errors and optimized code for better stability.