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Statutory Tax & Compliance Engines

CA Tools & Financial Calculators Hub

Instant, statutory-compliant tax and regulatory computation tools incorporating the latest Finance Act 2024/2025 amendments and CGST guidelines.

Income Tax Computation (FY 2024-25 / 2025-26)

Compare tax liabilities under revised default New Tax Regime (Budget 2024 Slabs) vs Old Regime.

Annual Gross Total Income Pre-deductions
₹
Old Regime Deductions & Exemptions
Section 80C (PPF, EPF, ELSS, Life Insurance) Max ₹1.5 Lakhs
₹
Section 80D (Health Insurance Premium) Self, Family & Parents
₹
HRA Exemption Claimed u/s 10(13A)
₹
Home Loan Interest u/s 24(b) Max ₹2 Lakhs (SOP)
₹
NPS Contribution u/s 80CCD(1B) Max ₹50,000
₹
Net Tax Difference
₹0
Default
New Tax Regime
₹0
Std Ded: ₹75,000
Custom
Old Tax Regime
₹0
Std Ded: ₹50,000
Calculating optimum regime...
New Regime Deduction Allowed ₹75,000
Old Regime Total Deductions ₹0
Health & Education Cess 4% (Included)

Goods & Services Tax (GST) Calculator

Compute precise GST breakup for intra-state (CGST + SGST) or inter-state (IGST) supplies.

GST Exclusive (Add Tax)
GST Inclusive (Reverse Tax)
Transaction Amount
₹
Applicable GST Rate
Intra-State (Within Maharashtra - CGST + SGST)
Inter-State (Outside Maharashtra - IGST)
Total Invoice Value
₹1,18,000
Base Net Amount ₹1,00,000
Total GST Applicable ₹18,000
CGST (Central Tax) ₹9,000 (9%)
SGST (Maharashtra Tax) ₹9,000 (9%)

House Rent Allowance (HRA) Exemption

Compute statutory exemption under Section 10(13A) read with Rule 2A of Income Tax Rules.

Annual Basic Salary + Dearness Allowance (DA)
₹
Annual HRA Received from Employer
₹
Total Annual Rent Paid for Rented Accommodation
₹
Metro City (Mumbai, Delhi, Kolkata, Chennai - 50%)
Non-Metro City (40% of Basic)
Tax Exempt HRA (Sec 10(13A))
₹2,30,000
Taxable HRA Added to Income ₹50,000
Statutory Rule (Least of 3 below is exempt):
1. Actual HRA Received ₹2,80,000
2. 50% / 40% of Basic Salary ₹3,50,000
3. Rent Paid minus 10% of Basic ₹2,30,000

Capital Gains Tax (Finance Act 2024 Amendments)

Calculate revised STCG and LTCG taxes on Real Estate and Listed Equity/Mutual Funds.

Capital Asset Class
Total Purchase / Acquisition Cost
₹
Total Sale / Transfer Consideration
₹
Holding Period (in Months) >24 mo Property or >12 mo Equity = LTCG
Estimated Capital Gains Tax
₹4,55,000
Classification Long Term Capital Gain (LTCG)
Gross Capital Gain ₹35,00,000
Applicable Tax Rate 12.5% (+ 4% cess)
Statutory Exemption ₹0
💡 Tax Saving Tip: Capital gains tax on property can be reduced to ZERO by reinvesting in residential property u/s 54 or capital gain bonds u/s 54EC.

Tax Deducted at Source (TDS) Calculator

Compute statutory withholding tax under Chapter XVII-B of the Income Tax Act 1961.

Payment Nature & Applicable Section
Gross Payment Consideration
₹
Payee PAN Card Status
TDS to be Deducted
₹15,000
Net Amount Payable to Vendor ₹1,35,000
TDS Rate Applied 10%
Annual Exemption Threshold ₹30,000
TDS must be deposited with CBDT by the 7th of the succeeding month. Form 26Q quarterly filing required.

Looking for Professional Tax Assessment or Scrutiny Support?

Calculations above provide statutory estimates. Complex structures involving business deductions, international remittance, or ITAT appeals require personalized review by an FCA.

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