Do you want to know about the use of the income tax calculator? Do you want to know about the tax savings plan? If yes, you get both types of information in this single article. According to the income tax act reports, each person has to pay a certain part of their income as tax to the government. The term person consists of the firms, salaried individuals, companies, businesses, professionals, etc. further, we are going to tell you the meaning of the income tax calculator that calculates the tax paid by such persons. Read the certain factors of the article for complete understanding.