How to Use the Advanced Tax Calculator

Follow these simple steps to calculate your income tax:

1. Access the Calculator
   • Open the HTML file in any modern web browser
   • No installation or login required
2. Select Currency
   • Choose your preferred currency from the dropdown
   • Supported options:
     • ₹ Indian Rupee (INR) - Full tax calculation
     • $ US Dollar (USD)
     • € Euro (EUR)
     • £ British Pound (GBP)
     • د.إ UAE Dirham (AED)
   • Note: Only INR has actual tax logic implemented
3. Enter Financial Details
   • Annual Income: Enter your total yearly income before deductions
   • Deductions: Enter any eligible tax deductions (80C, HRA, etc.)
4. Calculate Tax
   • Click the purple "Calculate Tax" button (color: #5A31D3)
   • Results appear instantly below the button

Understanding Results:

• Taxable Income: (Annual Income - Deductions)
• Tax Amount: Calculated tax liability
• Net Income: (Taxable Income - Tax Amount)

Key Features:

• Automatic currency formatting
• Mobile-responsive design
• Real-time calculations
• Professional number formatting (with commas)
• Indian tax calculation based on 2023-24 new tax regime

Important Notes:

1. Indian tax calculation uses the new tax regime slabs
2. For non-INR currencies, calculations use placeholder rates (20%)
3. Includes standard deduction of ₹50,000 automatically
4. Tax slabs for FY 2023-24 (New Regime):
   • Up to ₹3 Lakh: 0%
   • ₹3-6 Lakh: 5%
   • ₹6-9 Lakh: 10%
   • ₹9-12 Lakh: 15%
   • ₹12-15 Lakh: 20%
   • Above ₹15 Lakh: 30%

For Best Results:

• Use numeric values only (no commas/symbols)
• Update tax slabs annually for accuracy
• Consult a tax professional for complex cases
• For other countries, replace placeholder tax rates with actual tax brackets

The calculator automatically:

• Handles currency symbols
• Formats numbers with proper commas
• Adjusts layout for mobile screens
• Shows/hides results section dynamically

Remember: This is a simplified calculator. Actual tax liability may vary based on specific deductions, exemptions, and recent law changes.