Our promise
Every calculator page on MoneyKit is engineered and written with a single goal: the number the user sees must match the number the regulator publishes, to the rupee. If it doesn’t, that’s a bug we owe a fix for.
Research & sourcing
We draw only from primary sources for every rate, slab, or rule we implement:
- Tax law: incometaxindia.gov.in, Finance Act text, CBDT notifications, explanatory memoranda.
- GST: cbic.gov.in, GST Council meeting minutes, notification PDFs.
- Banking & monetary policy: rbi.org.in, FBIL, RBI Master Directions.
- Small savings: India Post NSI, Department of Economic Affairs quarterly notifications.
- State duties: each state’s Revenue / Registration & Stamps department website.
- Secondary references (used to cross-check, never as the primary source): ClearTax, BankBazaar, Groww, Value Research, Moneycontrol.
Update cadence
- Budget Day + 7 days: new tax slabs, capital-gains rates, TCS/TDS thresholds, Chapter VI-A limits are in production.
- Quarter-end (Mar / Jun / Sep / Dec): small-savings rate refresh (PPF, SCSS, NSC, Sukanya Samriddhi) within 3 business days of the Department of Economic Affairs notification.
- GST Council meeting + 3 days: rate changes reflected in the GST calculator and the HSN lookup.
- Monthly: forex rates refreshed against RBI / FBIL mid-market. (methodology — automated refresh pipeline is on the roadmap.)
Corrections policy
If we publish a number that’s wrong:
- We write a regression test that fails against the current code.
- We ship the fix and let CI green on that test (plus the full existing suite).
- If the bug was user-reported, we credit the reporter in the changelog (unless they ask not to be).
- If the bug was regulatory (we missed a notification), we add a “next review” date gate so the same gap can’t recur silently.
Review & approval
Tax, regulatory, and capital-markets content is reviewed by a qualified professional (Chartered Accountant or SEBI-registered Investment Adviser) before a meaningful change ships. Routine UI / copy changes don’t require that review.
Independence
No calculator result is influenced by a commercial partner, ad network, or bank relationship. We do not pre-fill partner rates instead of real market rates. We do not hide a calculator behind an ad-view gate. If we start running affiliate offers, they will be clearly labelled, will not block the calculator, and will be tied to editorial context rather than the user’s computed numbers.
Feedback
Report an error or a missing case via the contact page. Every bug report becomes a test before it becomes a fix.