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Official Description

Easy and Ready "MVAT and MPT Calculators" which includes commonly used and required calculators for -

- Interest Calculation under MVAT Act for late payment of taxes
- Interest Calculation under of MPT Act for late payment of taxes
- Tax Calculation under MPT

Interest Calculators enables you to calculate the interest for 15 challans at a time and for the FY 2007-2008 and onwards.

Simple Procedure -

- You need to select the Financial Year and the periodicity of Return to begin with
- on said selection, the drop down of period and the corresponding due dates will be displayed.
- Select the period, enter the tax paid and data of payment
- press "Calculate" to know the interest payable.

It does not require Data Connection and works even without that i.e. in Offline mode enabling you to have this calculators available at all times anywhere.