Instantly calculate Goods and Services Tax (GST). Switch between Exclusive (add tax) and Inclusive (extract tax) modes.
For Businesses: If you are GST registered, the ₹1,800 GST component is usually available as Input Tax Credit (ITC), effectively making your cost ₹10,000.
GST (Goods and Services Tax) can be calculated in two ways:
Total = Base Price + (Base Price × Rate%)Tax = Total Price - (Total Price / (1 + Rate%))Calculate desired annual income, add 30-40% for business expenses, taxes, and benefits, then divide by billable hours (typically 1,200-1,500 hours/year). Add a buffer for unpaid work, sick days, and vacations.
Break-even is when total revenue equals total costs (fixed + variable). It's calculated as: Fixed Costs / (Selling Price per Unit - Variable Cost per Unit). Beyond this point, each sale generates profit.
Gross profit margin = (Revenue - Cost of Goods Sold) / Revenue × 100. Net profit margin = (Net Profit / Revenue) × 100. A healthy margin varies by industry: retail (2-5%), software (15-25%), services (10-20%).
GST rates are 5%, 12%, 18%, or 28% depending on goods/services. Most services are 18%. Essentials like food items are 5-12%. Luxury items and sin goods are 28%. Check HSN code for specific rates.