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Income Tax Calculator

Open RashakDude opened this issue 1 year ago • 5 comments

Aim

Make an income tax calculator with the details provided by the users which can give you which regime is better for you - old or new and can tell you how much you have to pay for taxes.

Details

The user input will contain the following options -

  • Salary (Basic + DA + Other Allowances + HRA + Bonus)
  • Income from other sources (Business + Profession + Capital Gains + Other Sources)
  • Eligible HRA exemption
  • 80C and 80CCD
  • Standard Deduction
  • Professional Tax
  • 80D, 80DD and 80DDB
  • 80E, 80EEA and 80EEB
  • 80G, 80GG, 80GGA and 80GGC
  • 80TTA and 80TTB
  • 80U
  • Section 24(B)
  • Food Coupons
  • Other exemptions

User will get a detailed CSV of taxation under old regime and new regime. Please assign me as GSSOC @avinashkranjan

RashakDude avatar May 23 '23 21:05 RashakDude

Go Ahead @RashakDude

avinashkranjan avatar May 29 '23 19:05 avinashkranjan

Hey @avinashkranjan I will develop income tax Calculator .Can you please assign me this issue?

Anjali2312-Thombare avatar Jun 03 '23 17:06 Anjali2312-Thombare

Any Updates @RashakDude, Or should I assign this to @Anjali2312-Thombare

avinashkranjan avatar Jun 09 '23 04:06 avinashkranjan

Hey @avinashkranjan I can make a web app for this project that will calculate income tax using Python library Streamlit.

PiyushBL45t avatar Jun 09 '23 11:06 PiyushBL45t

Working on it @avinashkranjan. Will deliver by tomorrow EOD.

RashakDude avatar Jun 09 '23 15:06 RashakDude