Finally the tool to compare investment options is here.
Its configured for Indian Tax Rates for FY 2017 -2018 and works pretty accurately – I tried to test as much as I could but feel free to point issues if you find some.
To use the tool simply input your Investment amount and the Total income before this investment. That will calculate your tax bracket.
Then choose the category of investment and input your expected rate of return and the tool will give you the comparative pre and post tax earnings.
Its that simple!
For applicable tax rates refer to – Capital Gains tax for NRIs- It’s not that simple