Did you just find the title a little awkward? Or you are one amongst the few who believed that there’s an add-on feature to this tool that can help people achieve a sound sleep. Well, no matter in which category you fall into, the tax calculator at MySIPonline is bound to serve your problem of lack of sleep this tax season. There are several employers amongst us who, suddenly during the time nearly financial closing, stop appreciating the high income they are earning. The reason is that they care more about a significant portion that the taxmen would tear apart from the same. And yes, that’s the reason for their sleeplessness.
If you too have similar fears and are looking for solutions regarding the same, then here’s a short-cut. You don’t have to make numerous visits to your Chattered Accountant’s office or talk for hours to your financial advisor. All you need to do is access the official website of MySIPonline, i.e., www.mysiponline.com, and click on the tax calculator present in the tax saving section on the main menu. And, you’re all set to go!
As soon as you enter all the details in this simple online miracle tool that is presented to you, you will get the calculations done in just a few clicks. Doesn’t it seem as easy as eating a pie? Not only this, there are several other benefits that you can avail with the use of online tax calculator at MySIPonline.
- The tax planning calculator present with us requires no specialization to execute. Even a newbie can enter the details and perform all the mathematical calculations within seconds.
- In no time, the online tool shows the amount that you can save on your taxable income by investing in various tax saving instruments available under section 80C of the Income Tax Act, 1961.
- The calculations are made after analyzing all the necessary deductions from your gross income. These deductions include investments in ELSS mutual funds, LIC, PPF, Fixed Deposits, NSC, or any other under section 80C.
- One can quickly calculate income tax using this tax calculator for three different residential statues, be it Resident, Non-resident, and Not ordinary resident.
- The tax calculator at MySIPonline considers all the necessary parameters listed in the different sections of the Income Tax Act, 1961, to maintain the accuracy of the result that it provides. Some of them include Relief under section 87A, Surcharge, Education Cess, and other necessary charges.
- After you are done with all the calculations, the online widget also suggests you the amount you can invest in ELSS funds u/s 80C to acquire more benefits of tax savings. To reduce the liability, you can use any method, be it SIP or Lumpsum.
It’s time to relax and enjoy a sound sleep as you have access to the online tax calculator at MySIPonline. Using it, you can avoid last minute rush to your financial advisor, and complete the process of tax planning free of cost while sipping your favorite drink at home.
Don’t waste any more time in thinking about it? Just access this tool online and wave goodbye to all the stress. For more information regarding the same, you can connect with us through out official website at MySIPonline. We are waiting to serve you with all our might. Besides, if you wish to seek the recommendation on the best tax saving schemes in the year 2017-2018, then too you can consult us.
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