Resolve My Tax is a personalised tax calculator designed for you and provided as a mobile App and also a web application,
completely free of cost to help you make an informed decision.
This App has been developed by Resolves team of Chartered Accountants,
Payroll Experts and Technology team as part of our Corporate Social Responsibility to taxpayer in nation building.
All tax payers by using the App are empowered with their own data to take their own decisions
and are free to also consult their tax advisors and Chartered Accountants.
This app will help you to have a meaningful discussion with your tax advisors.
The budget 2020 was introduced by Finance Minister on 1st February 2020 and for the first time offered tax payers two options.
One a continuance of the prevailing tax regime of computation with all deductions and allowances with the same tax rates.
Second, was the new simplified tax regime of lower tax rates and with almost no deductions.
As the exercise of the tax regime option is one time one with no roll back,
it is important that all taxpayers comprehend the exact implications to them in making this choice as there is a no roll back facility once the choice is made.