savetaxs

A New Tax Regime Calculator helps taxpayers estimate their income tax liability under the latest new tax regime introduced by the government. By entering details such as annual income and applicable deductions (if any), the calculator instantly shows the tax payable according to the updated tax slabs. It helps individuals compare tax liabilities and choose the most beneficial tax regime.

The Cost Inflation Index (CII) is a government-notified index used to adjust the purchase price of assets for inflation while calculating long-term capital gains tax. It helps taxpayers reduce tax liability by accounting for inflation over the holding period of an asset, ensuring a fair and accurate calculation of capital gains.