Download India Tax Calculator FY2015-16 apk 1.3.1 free for Android smartphone

1 Apr
India Tax Calculator FY2015-16

Posted by ARB Apps in Finance | April 1, 2016 | 45 Comments

Apk file size: 1.7 MB

Income Tax Calculator for India Current FY 2015-2016/AY 2016-1017:

Calculate the Income Tax for the Financial Year 2015-2016 (Assessment Year: 2016-17) using this application. Advance Tax Calc, Quick Tax Calc and HRA Exemption Calc were provided in the application.

Here are the rules considered in the app:
Income Tax Rates for Financial Year 2015-2016:

Case A: For Men (less than 60 years)
Upto Rs. 2,50,000 Nil
Rs. 2,50,001 to Rs. 5,00,000 10 per cent
Rs. 5,00,001 to Rs. 10,00,000 20 per cent
Above Rs. 10,00,000 30 per cent

Case B: For Women (less than 60 years)
Upto Rs. 2,50,000 Nil
Rs. 2,50,001 to Rs. 5,00,000 10 per cent
Rs. 5,00,001 to Rs. 10,00,000 20 per cent
Above Rs. 10,00,000 30 per cent

Case C: For resident individual of 60 years or above (Senior Citizens)
Upto Rs. 3,00,000 Nil
Rs. 3,00,001 to Rs. 5,00,000 10 per cent
Rs. 5,00,001 to Rs. 10,00,000 20 per cent
Above Rs. 10,00,000 30 per cent

Case D: For resident individual of 80 years or above (Very Senior Citizens)
Upto Rs. 5,00,000 Nil
Rs. 5,00,001 to Rs. 10,00,000 20 per cent
Above Rs. 10,00,000 30 per cent

HRA Tax Exemption Calculation:
Minimum of (40 or 50% of Basic, Annual HRA Claimed, Annual Rent Paid – 10% of Basic)
Maximum allowed limits for tax exemption:

Section 80C limited to 1.5 Lacs.
Section 80D limited to 35K.
Section 80E limited to 40k.
Section 24 limited to 2 Lacs.

Limitations of the App:
1. As all the values are considered as integers, the maximum value can be entered is (2^31 - 1).
2. While doing calculations, each value is rounded to the nearest integer.

Suggestions:
If any rules are violated or for any suggestions, please send an email to [email protected]

Whats new

    v1.3: Updated for FY2015-2016
    v1.2: Application size reduced
    v1.1.2: Fixed a bug related to Rebate under Section 87A
    v1.1.1: Fixed a minor bug in manifest
    v1.1: Application is now "India Tax Calculator - Current FY"
    v1.0.2: Bug related to the tax calculation for different age categories fixed.
    v1.0.1: Minor optimization and few issues fixed
    v1.0: Application Release

ARB Apps part of our Finance and have average installs from 50000 to 100000. Last Update April 1, 2016. Google play rating is 80.7535. Current verison is 1.3.1. Actual size 1.7 MB.

Download india-tax-calculator-fy2014-15.apk 1.7 MB

45 Comments

Pankaj Sharma

It should also have a feature to save data. Overall a very useful app

Sravanthi Kamsala

Save option... Add save feature ..otherwise very useful app...:-)

Dalvir Dhamrait

Best I know my tax by taht

Balaji KasiViswanathan

Very accurate and useful. Not updated recent changes

Rajinder Kumar Sharma

RKSHARMA Very good

Swarup Debnath

Good One I agree with Bhargav, You just add feature to save entered data and tips to save further tax.

azam baig

Ok Interest on educational loan app is restricting to Rs.41000 (not yet rectified)which is incorrect as now there is no upper ceiling on int on edu loan. Please correct it. Otherwise a fine app for quick calculations. Azam baig

Bhargav Mehta

Excellent Just add feature to save entered data and tips to save further tax. Than five star

Kumara B

Exlent aps Very easy to calucate the tax...

manjushree thapa

Need to add more sections under deduction pls include more section under deduction..mostly in 80 ddb etc

Harry Coelho

Excellent application. I found it so easy to calculate my tax liability. Indebted to the developers

ejaz iqbal

The Best

lakshmi parimi

Very good

pardeep singh

Good one

Venkat Posa

Excellent Very good app it very usefull

Hussainali Cheriyannallala

H. Ali It's very nice

Faiz Khan

Excellent This is very useful app.

Vinod Sharma

Excellent This app is very good. But its not having save/export to excel/email options. Option for different financial years should also be included. It includes Long term capital gain as income, this is wrong.

Dipu V P

Good, let's do more... Good work. Lets do more... Add option to save&edit profiles with name so that can save tax for whole family. Add help somewhere to show the tax logics applied. Is it not calculating annual hra for non metro 40% of basic pay?

Nagabhushana G M

No saving facility No options has been provided to save record for future references. Please update it n make it more handy.

dharnish patel

Option for report generation. After doing all the calculation, an option has to be provided to generate report or to save calculation in any standard format.

Rakesh Parmar

New TAX exemption limit is not updated Income tax exemption limit has been changed this year but it still calculates based on old exemption limit.

Lakshmanan Kaveripattinam Vasudevarao

Good effort. A handy ready reckoner. Very very useful and much needed application.Hats off to you.

mohanlal dawar

Excellent but..... Deduction under section 80GG,GGA,GGC,RRB,QQB,TTA,U & more section are not add this apps.so please add

ajay thakral

Lajowaav app I like this app .vry fast and accurate . Really i like this

Varghese Paul

Tax Calculator Very easy to handle.Provide tax slab some where lf possoble.

Aakash Kumar

Gr8 It did my work load of office as a accountant, nice, I can easily do calculation of all stall in very easy way

Rajiv Saxena

Wtong hra exemption Showd wrong hra exemption amount. Moreover it makes no difference between metro and non metro.

AP Singh

Good Goos app for calculate tax but not save

Sadhana Raut

Nice n easy apps Its very simple and easy apps..within a few seconds we get calculated results. Just needs save or share option.. plz work on that asap

b yadav

PleaseUpgrade it. It will get five. None is better than this if upgraded.

nathan subhash

Excellent application Very usefull in computing tax of any person but should be able to export and save for a lifetime .

Vinod Patidar

App of Great Utility Really it is great app to calculate IT with easy to use User Interface.

umesh manhas

App has some deficiency It should have more features like school tution fee, agricultural income accordingly increase in business income in case of other business or salary income if one is not a farmer purely. Or as applicable in the ITR format

Geetha K M

Worst application calculations not correct, standard deduction not accounted

Surinder Singh

Good good and excellent

Vikas Sonkar

Yeah Regular updates should be available.

bhupendrakumar panchal

Very Usefully App. So easy.

Gowtham Seshadri

Update Pls update 80D & 80C (NPS). Also update for next AY2017-18.

shailesh patel

Easy to understand Very useful for calculate my personal it

venkoji rao balijepalli

Very neat and useful.

ajit patel

Ease of work I found it simple and can be used even by a layman

Jatinder Bhatia

What about rental income ? It is not income from house property. 30% rebate is given on rental income

megha gandhi

It is very easy n helpful

Venugopal Parayath

Perfect IT calculator for Indians Now it's perfect. Very responsive developer, willing to listen and implement suggestions. I hope they update it with suggestions from users. Wish the developers all the best.

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