ClearTax has a tax calculator as well :D
Show HN: Income Tax Calculator
11–20 of 53 posts
Re: Show HN: Income Tax Calculator
#12How depressing is it for us in the US that the Indian tax code is simple enough that someone can "show HN" a tax calculator.
Re: Show HN: Income Tax Calculator
#13Re: Show HN: Income Tax Calculator
#14How depressing is it for us in the US that the Indian tax code is simple enough that someone can "show HN" a tax calculator.
Have to keep TurboTax and its derivatives in business somehow :)
Re: Show HN: Income Tax Calculator
#15How depressing is it for us in the US that the Indian tax code is simple enough that someone can "show HN" a tax calculator.
Have to keep TurboTax and its derivatives in business somehow :)
That's not just a funny comment, it is literally true!
"For more than a decade, Mr. Bankman and a small group of tax experts have called on the government to create a tax preparation method that they say would vastly reduce the time and cost of tax-filing for most people. Intuit has been a primary obstacle to the effort."[0]
[0]: http://nytimes.com/2015/04/16/technology/personaltech/turbot...
Re: Show HN: Income Tax Calculator
#16How depressing is it for us in the US that the Indian tax code is simple enough that someone can "show HN" a tax calculator.
Have to keep TurboTax and its derivatives in business somehow :)
I've always wondered what would/will happen when the tax code gets so complicated that nobody can understand it, and we have to rely on a machine to interpret it. A sort of brave new world where the inputs are collected by computers, the tax is calculated by computers and taken by computers, all understood only by a small cadre of tax coders. Kind of scary.
Re: Show HN: Income Tax Calculator
#17I used Revenue Canada's instructions for computer programs to create a spreadsheet that I called "payswell". I GPLed it and published it at sourceforge however I only implemented one tax year.
In the US every state has different income taxes; some don't have income tax at all such as Washington. I always intended to create a US spreadsheet but the task seems daunting.
Re: Show HN: Income Tax Calculator
#18Earlier quoted context omitted.
Have to keep TurboTax and its derivatives in business somehow :)
That's not just a funny comment, it is literally true! "For more than a decade, Mr. Bankman and a small group of tax experts have called on the government to create a tax preparation method that they say would vastly reduce the time and cost of tax-filing for most people. Intuit has been a primary obstacle to the effort."[0] [0]: http://nytimes.com/2015/04/16/technology/personaltech/turbot...
It would be humorous if it wasn't so disheartening.
Re: Show HN: Income Tax Calculator
#19How depressing is it for us in the US that the Indian tax code is simple enough that someone can "show HN" a tax calculator.
Only because India's tax base isn't as elaborate as the US tax base currently. Gradually this will change, countries like India are growing and the government needs a lot of tax to build infrastructure and other stuff.
I think in the next few decades Indian tax system would equally if not more complicated than the US tax system.
Re: Show HN: Income Tax Calculator
#20How depressing is it for us in the US that the Indian tax code is simple enough that someone can "show HN" a tax calculator.
It was disappointing to see the amount of FUD disseminated over Romney's 2012 plan simplify, broaden, and flatten the corporate tax code.