DECLARATION

I the undersigned solemnly declare that the Report of the Project

Work entitled Income Tax Calculator, is based on my own work
carried out during the course of my study under the supervision and
guidance of Ms. Monika Bhatia.

I declare that the statements made and conclusion drawn are an

outcome of my Project Work. I further declare that to the best of my
knowledge and belief the Project Report does not contain any
part/work which has been submitted for the award of any other
degree/diploma/certificate in this University or any other University.

Name of the Candidate:

Khushi Birla

Roll No: 200879106041

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 CERTIFICATE

This to certify that the Report of the Project submitted is the outcome
of the Project Work entitled Income Tax Calculator carried out by
Khushi bearing Roll No:- 200879106041 under my supervision and
guidance for the award of Degree in Bachelor of Computer
Application, Chaudhary Charan Singh University, Meerut, Uttar
Pradesh.

To the best of my knowledge and belief, the Report:

• embodies the work of the candidate,

• has duly been completed,
• fulfils the requirements of the Ordinance relating to the
BCA(5th)
• Semester of the Chaudhary Charan Singh University, Meerut.
• Meets the desired standards for the purpose of which it is
submitted.

(Signature of the Guide)

Name: Ms. Monika Bhatia
Designation: Asst. Professor

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 ACKNOWLEDGEMENT

With immense pleasure, I would like to present this project report on

Ms. Monika Bhatia. As a student of Hierank Business School I
would like to express my sincere thanks to all those who helped me
during my project. I would like to extend a warm thanks to Ms.
Monika Bhatia (Assistant Professor), and my entire faculty
member for their guidance, support and assistance at every step and
teaching me all there was to know and sharing immense knowledge
with me.

Name of the Candidate:

Khushi Birla

Roll No: 200879106041

BCA 5th Semester

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 INTRODUCTION OF THE PROJECT

In today’s world, income is something that everyone wants to increase

and income tax is something that everyone wants to pay least. Which can
be done just by calculating income tax with proper subsidies, rules as per
law.

Income Tax is an annual tax on income. The Indian Income Tax Act
(Section 4) provides that in respect of total income of the previous year of
every person income tax shall be charged for the corresponding
assessment year at the rates laid down by the Financial Act for that
assessment year. Section 14 of the Income Tax Act further provides that
for the purpose of charge of income tax and computation of total income
all incomes shall be classified under the following heads of income:

• Salaries
• Income from house property
• Profits or gains of business or profession
• Capital gains

Our income tax calculator helps user to manage their taxes and choose the
best suitable tax regime (old or new). Our calculator gives user the
opportunity to check now how much they can save by opting one tax
system over the other.

This application aims at providing a user-friendly approach to calculate

the payable tax without digging into complex details and calculation.

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 OBJECTIVE

The main aim of our project to build a user-friendly application to

calculate the liable tax of a salaried person. Basically it carries out all
calculation for determining the taxable income, education cess and total
tax.

Our calculator has a very simple design, any user who is not aware of
basic calculation involved in calculating income tax can easily operate.

Quick glance of the project:-

• It calculates taxable income by calculating income from all

resources i.e. salary and allowance, capital gains and losses.
• It calculate income tax at current rated slabs of Indian government
financial department of corresponding assessment year.
• It also involves deduction available from the taxable income under
various section of Income Tax Act.
• It also shows income tax in the simple manner and also display the
complete education cess and total tax.
• User can also check their his\her last calculation.

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 METHODOLOGY

The purpose of the methodology is to describe the purpose involve in the

project. This include the overall design, the data collected method
Research methodology refers to the various sequential steps to be adopted
by a researcher in the studying a problem with the certain object or
objective in view.
This project discusses the overall study design and data analysis for the
calculated Income Tax.
This project includes the usage of Java Programming Language
because it’s reliable, portable, object oriented and platform independent.
We used Java in this project for the calculation of Income Tax.

This project also includes usage of Apache NetBeans because allows user
to build high quality and user-friendly application. In this project we used
it to create a GUI for Income Tax Calculator.

At last we have MySQL because it offers wide range of purposes like- in

this project MySQL used for authentication purposes.

The design and methodology is needed in any application or system as it

serves as a basis for the development of the project. It also serves as a
guide in following the step-by-step procedure. This could also help the
users understand about the proposed application.

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 TOOLS / PLATFORMS

• Languages:- Java

• Framework:- Jframe

• IDE:- Apache Net Beans

• Database:- MySQL

• References:- Google
YouTube
Websites
Books

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