Blockchain-Based Tax Calculator and Government Fund Allocation and Tracking Prototype
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- Create Date 26 May 2025
- Last Updated 26 May 2025
Blockchain-Based Tax Calculator and Government Fund Allocation and Tracking Prototype
Authors:
Aaditya Krishna, Bhoomika N, Himanshu Patil, Sania Ahmed
Abstract- Using blockchain technology, the tax-based calculator project aims to improve the efficiency and transparency of tax distribution and computation procedures. In addition to giving individuals a thorough understanding of how tax contributions are allocated among government agencies, this approach enables them to precisely calculate their taxes while taking into account a variety of deductions and exemptions. By ensuring that each transaction is safe, unchangeable, and traceable, blockchain integration promotes accountability and confidence. The platform has a strong backend that makes use of Flask and Solidity, along with an easy-to-use UI constructed with HTML, CSS, and JavaScript. In addition to calculating taxes, users may check deductions under sections 80C, 80D, and 80G and learn more about their tax status. The payment procedure is streamlined by the connection with MetaMask, enabling safe and decentralised transactions. In order to make tax distribution clear to users, the system further offers a breakdown of tax allocation to other ministries. User input is safely stored in a database, allowing for easy data administration and retrieval. This project shows how blockchain technology and web technologies may be combined to solve issues with tax systems’ transparency and credibility. This solution closes the gap between taxpayers and government operations by providing a polished, user-friendly design that is optimised for seamless operation, thus promoting a more informed and engaged tax procedure.