indian-tax-calc

# Indian Tax Calculator Calculate Indian income tax liability, STCG/LTCG on equity and F&O trades, advance tax installments, and TDS for FY 2025-26 — under both old and new tax regimes. ## When to Use - User asks "how much tax do I owe on my salary / income?" - User wants to calculate STCG or LTCG on stock or mutual fund gains - User asks about tax on F&O profits - User wants to compare old regime vs new regime tax - User needs advance tax calculation or TDS estimation - User is filling a return on the e-filing portal and wants Claude to verify screens live ## How to Use ### New regime tax slab (FY 2025-26) ```powershell function Get-TaxNewRegime { param([double]$Income) # FY 2025-26 new regime slabs (post Budget 2025) $slabs = @( @{UpTo=400000; Rate=0}, @{UpTo=800000; Rate=0.05}, @{UpTo=1200000; Rate=0.10}, @{UpTo=1600000; Rate=0.15}, @{UpTo=2000000; Rate=0.20}, @{UpTo=2400000; Rate=0.25}, @{UpTo=[double]::MaxValue; Rate=0.30} ) $tax = 0; $prev = 0 foreach ($slab in $slabs) { if ($Income -le $prev) { break } $taxable = [math]::Min($Income, $slab.UpTo) - $prev $tax += $taxable * $slab.Rate $prev = $slab.UpTo } # Rebate u/s 87A: nil tax if income <= 12,00,000 if ($Income -le 1200000) { $tax = 0 } $cess = $tax * 0.04 return [PSCustomObject]@{ Tax=$tax; Cess=$cess; Total=[math]::Round($tax+$cess,2) } } Get-TaxNewRegime -Income 1500000 ``` ### Old regime tax slab (FY 2025-26) ```powershell function Get-Tax...