Financial Calculator - PowerPoint PPT Presentation

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Financial Calculator

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Use Financial Calculator online to calculate your insurance premium, income tax, insurance coverage, etc. Our Financial Calculator helps you make secured decisions. – PowerPoint PPT presentation

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Title: Financial Calculator


1
Financial Tools Calculator
2
Financial Calculator
  • A financial calculator or business calculator is
    an electronic calculator that performs financial
    functions commonly needed in business and
    commerce communities
  • Financial calculators also help in performing
    tax, interest-rate and regression calculations.
    Accountants, students, financiers, and business
    owners can all benefit from using financial
    calculators.

3
Health Insurance Calculator
  • A health insurance calculator is an online tool
    that helps you to know the premium amount you
    need to pay for your health insurance premium. In
    simple terms, health insurance premium calculator
    facilitates you to calculate health insurance
    premium, based on your needs. With the help of
    health insurance premium calculator, you can
    choose the best health insurance policy at an
    affordable price and get the policy issued to you
    in a short period of time. In addition to this,
    you need to know that health insurance premium
    calculator is based on several factors.

4
Pension Calculator
  • A retirement planning calculator calculates the
    corpus you may require to accumulate by the time
    you get retired. This also provides an
    approximate amount that you may need to save
    every month for securing yourself financially. A
    basic online pension calculator in India has the
    following fields
  • Personal Details - Such as your date of birth,
    your expected retirement age, and your
    accommodation time by the time you will be
    retired.
  • Income Details - Such as your current annual
    salary.
  • Savings Details - How much are you saving every
    year is asked in this field.
  • Based on these details, an online pension plan
    calculator provides its assessment related to
    your monthly pension requirement and the amount
    that you may need to achieve the same.
  • Note Most of the calculators give you the option
    to edit the growth of your annual income you can
    select/ edit the same. You can also fill the
    option of growth in your savings annually before
    calculating the pension.

5
income tax calculator
  • How to calculate your Income Tax on your
    salary?You can easily compute the Income Tax
    that you need to pay on your salary by using the
    Income Tax calculator.Heres how Income Tax
    calculated in IndiaYour gross salary includes
    your basic salary, HRA, Special Allowance,
    Transport Allowance, and other allowances. Out of
    this, you can claim for a tax deduction for
    certain components such as medical
    reimbursements, telephone bill reimbursement, HRA
    - if you live in a rented house. For Transport
    Allowance, the exemption limit is about Rs.1,600
    per month or Rs.19,200 per year. This means that
    you can claim a tax deduction of up to Rs.19,200
    for the year.

6
retirement calculator
  • Retirement Calculator is an online tool which
    will help you to calculate your retirement
    corpus. Further, you can use this Retirement
    Calculator to find out the future value of your
    current expenses.
  • If you wish to live a better lifestyle of what
    you are living you need to know the necessary
    retirement funds needed.
  • Retirement calculator helps you understand how
    much you need to grow your wealth before you
    retire and plan for it accordingly.
  • Find out how much you need to save by your
    targeted retirement date for easy and hassle free
    sunset years of your life.
  • This retirement calculator requires some basic
    inputs from your side such as your retirement
    age, life expectancy, inflation, expected return
    on investments, your current portfolio size and
    expected retirement expenses.
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