- 1 Introduction to Financial Calculators Android App
- 2 Calculate the Most Important Financial Calculations
- 3 Calculate The Future Value of Your Savings
- 4 Computation of Various Taxes
- 5 Calculate Maturity Value of Your Precious Investments
- 6 Many Other Financial Calculations
- 7 How does it work?
- 8 Conclusion
Want to Calculate Loan EMI? Here is the Financial Calculators Android App
Introduction to Financial Calculators Android App
Financial Calculators Android App is an application to calculate the most important financial calculations. It offers you a tool to make various financial calculations like EMI, Home Loan EMI, House Loan EMI, Car Loan EMI, and Personal Loan EMI based on the loan amount, interest, and tenure. You can also compare the future value of your savings and compare the same for different investment instruments with detailed calculation reports that ease understanding. Compute your monthly income tax outgo based on salary, deductions, and other required parameters like HRA, LTA, etc., with detailed computation reports.
The popularity of this app can be gauged by the figures that it has been downloaded from Google Play more than Five Million times.
Calculate the Most Important Financial Calculations
Financial Calculators Android App is an application to calculate the most important financial calculations.
Also download: Loan Calculator IQ Android App
Financial Calculators Android App helps you to calculate home loan, car loan, personal loan, and other loans. You can also calculate EMI (Annual Percentage Rate), the future value of your savings, and tax outgo. It has a function that shows how much money will be transferred to your account after a certain time period if you make payments on time according to the calculator’s results.
- Calculate EMI
- Home Loan EMI
- House Loan EMI
- Car Loan EMI
- Personal Loan EMI based on the loan amount, interest, and tenure.
- Calculate your monthly EMIs using interest rates provided by banks.
- Compare different loan schemes banks provide to find the best option for you.
Calculate The Future Value of Your Savings
With the Financial Calculators Android App App, you can calculate the future value of your savings and compare the same for different investment instruments with detailed calculation reports that ease understanding.
This feature helps you to determine the amount of money you need to invest in a particular instrument so that you can achieve your financial goals. You can also calculate the future cost of your investments by using this calculator app.
Computation of Various Taxes
Taxes can be a huge headache, especially if you are not sure of the correct way to calculate your taxes. There are many types of taxes in India, and they all need to be paid on time. Your employer will deduct the tax amount while paying your salary, but it may not be enough or accurate enough as per your requirement.
You can also use this calculator app to find out what you owe at the end of each month or year, as well as how much time it would take for you to pay off all those debts accumulated over time.
This app provides detailed computation reports so that users can easily understand where their money is going and which expenses should be cut down first before paying off any debts like HRA/LTA etc.,
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Calculate Maturity Value of Your Precious Investments
Calculate the maturity value of your investments in FD (Fixed Deposits), RD (Recurring Deposits), and other deposit schemes with the ability to compare different deposit schemes provided by banks.
The app helps you calculate the maturity value of your deposits by providing a simple yet effective tool that makes it easy for users to compare the various deposit schemes offered by banks.
Many Other Financial Calculations
Financial Calculators Android App offers calculators like Net Salary Calculator, Income Tax Calculator, Pension Calculator, and Inflation Rate Calculator to help you make better decisions in your personal and professional life.
- Net Salary
- Income Tax
- Inflation Rate
You can calculate your monthly income tax outgo based on salary, deductions, and other required parameters like HRA, LTA, etc.
How does it work?
The app uses a formula to calculate the exact amount of income tax payable by an individual based on his/her taxable income. The calculation is done using the following steps:
- Entering information about yourself (name of person & age).
- Entering deductions made from your salary during the financial year in question.
- Entering total taxable income for this financial year (after taxes).
- Calculating total tax due at different rates applicable under Indian law as per section 24(a)(ii) & Section 80CCG Act 1961;
- Calculating refundable credit under section 24(b)(i)(i), section 80CCG Act 1961
In short, the Financial Calculators Android App Android App is an awesome and useful tool to help students and other business people to perform various types of Financial Calculations. This app makes the life easier by avoiding the use of complex formulae. You can download it from our website free of cost or just head to Google Play for downloading it.