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Our GST Software helps CAs, tax experts & business to manage returns & invoices in an easy manner. Further you can also file TDS returns, generate Form-16, use our Tax Calculator software, claim HRA, check refund status and generate rent receipts for Income Tax Filing.ĬAs, experts and businesses can get GST ready with ClearTax GST software & certification course. You can efile income tax return on your income from salary, house property, capital gains, business & profession and income from other sources. Just upload your form 16, claim your deductions and get your acknowledgment number online. ClearTax serves 2.5+ Million happy customers, 20000+ CAs & tax experts & 10000+ businesses across India.Įfiling Income Tax Returns(ITR) is made easy with ClearTax platform. (All other parameters being equal)ĬlearTax offers taxation & financial solutions to individuals, businesses, organizations & chartered accountants in India. In simple terms, an investment with a higher CAGR is better as compared to a lower CAGR. CAGR shows you the geometric mean return of your investments over a time period, also accounting for compounding growth.
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It is a pro forma number which gives you an idea of investment yield on the annually compounded basis.
It is used to forecast the growth potential of a company. You may consider CAGR of around 5%-10% in sales revenue to be good for a company. You may calculate the CAGR of your investment in the Company as follows:ĬAGR = (End Value)/(Beginning Value) (1/n)-1ĬAGR (Compound Annual Growth Rate) = (2,75,000)/(75,000)^(⅕) – 1 Suppose the valuation in the first year was Rs 75,000, the valuation in the second year was Rs 1,00,000, the valuation for the third year was Rs 1,50,000, the valuation for the fourth year was Rs 1,25,000 and the valuation for the fifth year was Rs 2,75,000. The valuation of the company rose and fell in the five year period. Suppose you had invested Rs 1,00,000 in Company XYZ for 5 years. You can understand the calculation of CAGR with an example. You may use the CAGR to determine how the investments in your portfolio have performed over some time.You can also compare the performance of stocks against the peers or the industry as a whole using the compound annual growth rate.It allows you to choose the mutual fund based on past returns. You can compare the mutual fund’s average annual growth rate overtime against a benchmark. The CAGR calculator helps you to calculate the returns from your mutual fund investments.The calculator will show you the compound annual growth rate. All you must do is to enter the initial and final values along with the period of the investment.
The ClearTax CAGR Calculator is a simple, easy to use utility tool.You may compare the returns from the investment against a relevant benchmark and analyse your investment decisions. It helps you to determine the annual rate of return of your investments.
You can use the ClearTax CAGR Calculator to make the right investment decisions. Benefits of Using the ClearTax CAGR Calculator