Disclaimer
Effective Date: September 2026
UtilityKit provides free online calculators and digital utilities for general informational and educational purposes only. The outputs, calculations, formulas, and estimates generated on this website do not constitute financial, investment, taxation, accounting, legal, or commercial advice. Always verify critical figures with a qualified professional before entering into binding agreements or filing official documents.
1. Tax and GST Calculations
Tax calculations are based on standard statutory slabs (0%, 5%, 18%, 40% under GST 2.0 and prior rates for historical invoices). However, GST notifications, cess additions, reverse charge mechanisms, and input tax credit rules are subject to statutory revisions by the GST Council. Results from our GST tool do not replace an official GST tax invoice or professional tax audit.
2. Loan EMI and Investment Projections
Loan EMI computations use standard reducing-balance monthly amortization formulas. Individual financial institutions (e.g. SBI, HDFC, ICICI) may apply different compounding schedules, documentation fees, pre-EMI interest, or rate resets. Mutual fund SIP calculations reflect hypothetical compound growth and do not guarantee future performance. Mutual funds are subject to market risks.
3. Contact for Queries
For questions regarding any calculator or formula interpretation, please email us at utilitykitsupport@gmail.com.