1. What is SmartFinTools?
SmartFinTools is a platform that provides smart and advanced financial calculators for tax, investment, loan, and business finance planning.
2. Are the calculators free to use?
Yes, most of our calculators are completely free for now.
3. How accurate are the results?
Our calculators are designed and reviewed by a Chartered Accountant, ensuring high accuracy. However, they should be used as a guideline, not a substitute for professional advice. Tools are built using industry-standard formulas and updated regularly
4. How do I suggest a new calculator?
We welcome suggestions! Contact us at ‘in@smartfintools.com‘ with your ideas.
5. Is my data safe?
Absolutely! We do not store any personal financial data entered into our calculators or any smart tools.
Calculator-Specific Questions
6. How do I use the EMI Calculator?
Our EMI Calculator helps you calculate your monthly loan installment. Simply enter the loan amount, interest rate, and tenure, and the tool will display your EMI along with a detailed breakdown.
7. What is the SIP Calculator, and how does it work?
The SIP Calculator helps you estimate the future value of your investments made through a Systematic Investment Plan (SIP). Enter your monthly investment, expected return rate, and investment duration, and get an estimate of your returns.
8. How can I use the Income Tax Calculator?
The Income Tax Calculator provides an estimate of your tax liability based on your income, deductions, and applicable tax slabs. It works for both salaried and self-employed individuals.
9. Does the Retirement Calculator consider inflation?
Yes, our Retirement Calculator allows you to input inflation rates to give you a more realistic projection of your retirement savings needs.
10. Can I use the GST Calculator for business invoicing?
Yes! Our GST Calculator helps businesses calculate GST payable or input tax credits. However, for official invoicing, it’s recommended to verify figures with accounting software.
11. What is the purpose of the CAGR Calculator?
The CAGR (Compound Annual Growth Rate) Calculator helps investors measure the average annual growth rate of an investment over a specified period. This is useful for comparing investment performance.
12. Do the calculators work for international financial calculations?
Most calculators are designed for Indian financial regulations, but some, like the CAGR, ROI, Crypto Tax and Loan Calculators, can be used globally. We will expand support for international financial calculations soon.