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Income Tax Calculator
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
Go Ahead @RashakDude
Hey @avinashkranjan I will develop income tax Calculator .Can you please assign me this issue?
Any Updates @RashakDude, Or should I assign this to @Anjali2312-Thombare
Hey @avinashkranjan I can make a web app for this project that will calculate income tax using Python library Streamlit.
Working on it @avinashkranjan. Will deliver by tomorrow EOD.