Definition & Purpose: An Income Tax Calculator helps estimate the total tax owed based on the selected country’s tax system or a custom one. It supports tax slabs, deductions, and different filing statuses across countries.
How to Use: Select your country from the dropdown. The system will load the respective tax slabs. Enter your annual income and deductions if applicable. If "Custom" is selected, you can manually input tax brackets and rates. The tool will automatically compute your total tax and effective tax rate.
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