Dhanlytics

Overview

Dhanlytics is a web-based financial planning simulator built for India. It suits people who want to see how tax, savings and major life choices affect long-term goals. Its focus is detailed modeling rather than investment transactions.

Key features

The multi-decade model brings income, expenses, investments and life events into one projection. Its tax engine compares India’s Old and New regimes and accounts for deductions including 80C, 80CCD(1B), 80D, 80E, 24(b), HRA and LTA. This is useful for weighing tax choices as part of a larger plan, though it is not a substitute for a platform that executes investments.

Coverage spans more than 15 account types, including EPF, PPF, NPS, ELSS, mutual funds, fixed deposits, SCSS, SSY, sovereign gold bonds, direct equity and real estate. Users can compare scenarios such as buying versus renting or retiring at different ages. Monte Carlo analysis runs 1,000+ randomized market scenarios to estimate the chance of reaching goals; historical backtesting draws on actual Nifty 50, debt and gold data from 1990-present. Together, these features help users examine uncertainty and trade-offs, not guarantee an outcome.

Dhanlytics works as an installable Progressive Web App and can be used offline. PDF reports and JSON backups give users portable copies of a plan. Financial data stays in the browser’s IndexedDB and is not transmitted to Dhanlytics servers; the service receives a Google email address for authentication. Google Analytics collects anonymous usage information, including pages visited, session duration, device and browser type, and approximate location. The privacy policy says the product is designed to comply with India’s Digital Personal Data Protection Act 2023 and Information Technology Act 2000 rules. Local storage is a meaningful privacy advantage, but users should understand that analytics still records usage patterns.

Pricing

The Free plan costs nothing, billed 100% FREE. No credit card required. All features are available, including the core planning tool, so the free tier does not force users to give up modeling capabilities. That makes it practical for individuals who want to build and compare plans without a subscription. Dhanlytics is a simulator, however, so users who need to place trades or otherwise execute investments will need a separate platform.

Platforms

Dhanlytics runs on the web as a Progressive Web App, which can be installed and used without an internet connection. Offline access is useful for reviewing a plan away from a connection; it remains a web product rather than a listed native mobile or desktop app.

Who it's for

Dhanlytics is a strong fit for people planning around Indian taxes, retirement, investments and other long-range goals, especially those who want to compare scenarios while keeping financial data in local browser storage. It is less suitable for anyone seeking investment execution in the same product.

Pros and cons

• Pros: Indian tax-regime comparisons and a broad set of supported account types let users model a range of domestic financial choices in one plan.
• Pros: Monte Carlo estimates, historical backtesting and what-if comparisons help frame risk and life-choice trade-offs.
• Pros: Offline access, PDF and JSON exports, and local financial-data storage support private, portable planning.
• Cons: It does not execute investments, so users need another service to act on a plan.
• Cons: Google Analytics collects anonymous usage data, so local financial storage does not mean the service collects no usage information.

Alternatives

For a broader starting point, browse Tax Planning Software. Choose Taxottic if you want a freemium option across Android, iOS and web, with paid plans that include monthly AI credits. Catalyst Tax Insights offers free personal tax insights and scenario comparisons, with a paid Plus plan at $49 a year. TaxMoov is another web option, with a free snapshot for one destination and a one-time paid report for a selected destination.

Instead is a freemium web alternative. BNA Income Tax Planner is a paid web and Windows option with custom pricing. CFS TaxTools is a paid Windows alternative with tax utilities, forms and a planner. Corvee Tax Planner is a paid web option. Optiml is a freemium web alternative with paid annual plans for scenario planning.

Verdict

Choose Dhanlytics if you want a free, India-focused way to model taxes, investments and life decisions over a long horizon, with offline access and financial data kept in your browser. Its breadth of planning tools is the main reason to choose it; the lack of investment execution is the main reason to look elsewhere.