This “ArthaKranti Tax Comparator” App will provide following features….
• Take certain input from Individuals as mentioned below
• Select One Options from
o Less than 60years : For Male or Female
o Senior Citizen : all Citizen above 60 years of Age
o Super Senior Citizen : all Citizen above 80 years of Age
o Farmer: Adult above age 18 Years.
• Gross Annual Income: This is individual total annual income in one Financial Year.
• Total Receipts in Bank Account: This should include above Gross Annual income, plus any additional amount deposited in individual’s all Bank accounts in last Financial Year.
o Note: Minimum input should be your Gross Annual Income.
• Expenditure: This is amount you need to put for all expenditures done in one Financial Year. Like purchases of all Items, foods, furniture, Entertainment, Petrol or fuel, Gas etc... Put combined approximate figure.
• Bank Transaction Tax: This is the tax attracted on all receipts of money in your Bank account. For simplicity of understanding, proposed tax rate is 2 % and in reality it will be even lower than this, when parallel economy will get merged with white economy.
• Pressing Button “Compare Tax” will show differences of Taxes which are applicable in Current Tax System against the taxes applicable in Bank Transaction Tax System. This will be displayed in terms of a Bar Graph.
o Direct Tax comparison
o Indirect Tax comparison
o and Total Tax comparison
• Share application icon is provided at top and at Bottom to share the application links with your contacts.
For Questions Related to the “Arthakranti Proposal” or “ArthaKranti Tax Comparator” please contact us at [email protected]
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Downloads: 10 | ||||
Updated At: 2024-04-23 09:45:58 | ||||
Publisher: Dimension Multimedia | ||||
Operating System: Android | ||||
License Type: Free |