Problem
In India, taxpayers must choose between the old tax regime, which offers a range of deductions, and the new regime, which provides lower tax rates but no deductions. Selecting the optimal regime requires juggling multiple variables: gross income, HRA, capital gains, and specific deductions such as Section 80C and 80D. Manual calculation is error‑prone and time‑consuming, especially for freelancers and first‑time ITR filers.
DoAide TaxFile solves this by presenting a side‑by‑side comparison of the two regimes. The tool calculates the tax payable under each regime based on user‑entered data and displays the difference, allowing the user to see which option saves more money. This is where itr filing pays off in practice.
How It Works
The comparison feature is built around a simple FastAPI endpoint that accepts a JSON payload describing the taxpayer’s financial profile.…