Thursday, January 08, 2009

Tax Tool for Dummies

Since this is the time we start thinking of taxes, linking a useful tool that I often use. It is not made by a CA but a software chap. It may not be 100% accurate but I find it very useful in arriving at a ballpark figure and seeing how various items impact the tax liability. It also helps in understanding the "real" gain (after taxes) from a salary hike, if any.

If anyone has a better tool out there, please post it in comments. I have been looking high and low for one. I am especially interested in whatever tools Raju used over at Satyam.

Until then, Nithyanand's Tax Calculator available at www.ynithya.com/taxcalc/

2 comments:

Mama - Mia said...

wow!

a gentle reminder to do my tax thingummie! :p

cheers!

abha

Angel's Flight said...

lolz

Loved the Satyam ref. Tax time is here too for us!! oh Boy!...but being unemployed for 1/4 the year does help!