Calculates capital gains tax on withdrawals from mutual fund investments through a systematic withdrawal plan.
A Systematic Investment Plan (SIP) allows regular investments in mutual funds, benefiting from rupee cost averaging and compounding returns, with tax implications depending on holding periods. The National Pension System (NPS) offers low-cost, flexible retirement savings with tax benefits under Sections 80C and 80CCD(1B). A Systematic Withdrawal Plan (SWP) provides a steady income stream from mutual fund withdrawals, with tax efficiency on gains. Equated Monthly Installments (EMI) are fixed monthly loan repayments, with potential tax deductions on home loan principal and interest. Tax calculators for SIP, NPS, SWP, and EMI help plan finances and understand tax liabilities effectively.
A SIP (Systematic Investment Plan) Calculator is a tool designed to help investors estimate the future value of their investments made through SIPs in mutual funds. By entering a few key details, the SIP calculator can project the growth of your investment over a specific period based on expected returns.
A SWP (Systematic Withdrawal Plan) Calculator helps investors estimate the amount they can withdraw from their investments at regular intervals, and how long their investment will last. This is particularly useful for retirees or those seeking a steady income stream from their investments.
An EMI (Equated Monthly Installment) Calculator is a tool that helps borrowers estimate their monthly loan repayments. This is crucial for planning and managing finances when taking loans for various purposes such as home, car, or personal needs.
An NPS (National Pension System) Calculator helps individuals estimate the corpus they can accumulate by the time they retire and the monthly pension they can expect to receive thereafter. This tool is specifically designed for those investing in the National Pension System, a government-sponsored pension scheme in India.
A Tax Calculator is a tool that helps individuals and businesses estimate their tax liabilities based on their income, deductions, and applicable tax rates. It simplifies the complex process of tax calculation and ensures accurate results.