Reverse Tax Calculator - India Specifications
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For Employees & Self-employed.
Calculates how much you will get in-hand given your CTC. Or, conversely, calculates how much CTC you should negotiate for to get a desired amount in hand every month. This is likely to be much more than the nominal price of the app!
Updated for fiscal year 2019-20 (assessment year 2020-21).
This calculator is designed for both:
- Employees / salaried
- Self-employed / freelancers / consultants / businesspeople
Handles three types of taxes:
- Income tax
- Professional tax
Also handles:
- PF (Employees' Provident Fund, also known as EPF)
- Pension
- Tax Deduction
- Surcharge
- Health and Education Cess