Tax Calculator
Calculate tax amount quickly and easily. Just enter the price and tax rate!
Tax Calculation Inputs
Enter the original price and the tax rate to calculate the tax amount.
₹
%
Calculated Tax Amount
₹
Tax Visualization
Tax Amount
Price: ₹
Tax Rate: %
Understanding Tax Calculation
Tax is a mandatory financial charge or levy imposed by a government on individuals or organizations to fund public services and infrastructure. Calculating tax involves determining a percentage of a price, known as the tax rate, and adding it to the original price.
Formula: Tax Amount = Original Price × (Tax Rate / 100)
For example, if you want to calculate the tax on an item priced at ₹100 with a tax rate of 5%, the tax amount would be ₹100 × (5 / 100) = ₹5. This calculator simplifies this process, allowing you to quickly find the tax amount for any given price and tax rate.