Tax Estimator
A quick tool to give you a rough tax range and take-home estimate.
About This Tool
We built this for back-of-the-envelope planning. It's a rough estimator. You put in income from salary, interest, or capital gains and it returns a conservative range of what your tax might be. For India it uses the NEW regime slabs and basic surcharge logic; for US/UK/other it uses rough banding.
It isn't a filing service and it doesn't replace a CA or accountant. It's a support tool to help you budget and sanity-check scenarios.
The Problem It Solves
Calculating tax is a nightmare. Most official calculators won't give you a number until you've filled out every last detail, which usually leads to analysis paralysis. This app removes that complexity. It uses smart defaults to give you a ballpark range instantly, so you can see how much cash you might have left at the end of the year.
When to Use This
- You're looking at a new job offer and want to know what your actual 'take-home' pay will be after everybody gets their cut.
- You want to see if your total income is going to cross a 'Surcharge' threshold (like the ₹50L mark in India).
- You want a quick sanity check of your 'Effective Tax Rate' before you decide which investment to make.
How It Works
The app uses hard-coded slab rules (India FY 2024-25 new regime) and conservative banding for other regions. It rounds numbers and returns a +/-10% range so you don't mistake it for a filing-grade result.