Disclaimer
Please read this disclaimer carefully before using any tools, calculators or information provided on ToolsMagnet.
Last updated: August 8, 2026
Contents
Important Notice
The tools, calculators and information provided on ToolsMagnet are for general informational and educational purposes only. They should not be relied upon as a substitute for professional advice. Always consult a qualified professional before making important financial, health, legal or business decisions.
1. General Disclaimer
ToolsMagnet ("we", "our", "us") operates toolsmagnet.com and provides free online tools for personal and professional use. While we make every effort to ensure the accuracy and reliability of our tools, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability of the tools or information on this website.
Any reliance you place on the information or results from our tools is strictly at your own risk. We shall not be liable for any loss or damage arising from your use of ToolsMagnet.
2. Financial Tools Disclaimer
Our financial calculators including SIP Calculator, EMI Calculator, FD Calculator, GST Calculator, Loan Calculator, Compound Interest Calculator and others are provided for educational and illustrative purposes only.
Investment Calculators
SIP and investment returns are calculated based on assumed rates. Actual mutual fund returns vary and are subject to market risks. Past performance does not guarantee future returns. Mutual fund investments are subject to market risk — please read all scheme-related documents carefully.
Loan & EMI Calculators
EMI calculations are approximate and based on the inputs you provide. Actual EMI amounts from banks may differ due to processing fees, insurance, rounding and other charges. Always confirm the exact EMI with your lender.
GST & Tax Calculators
GST calculations are based on standard rates. Tax rates change periodically. Always verify current GST rates from the official GST portal (gst.gov.in) before making business decisions. ToolsMagnet is not a tax advisor.
Currency Converter
Exchange rates shown are indicative reference rates only. Actual bank and exchange rates will differ. Do not use our currency converter for actual financial transactions.
3. Health Tools Disclaimer
Our health-related tools including the BMI Calculator are for general informational purposes only and are not a substitute for professional medical advice, diagnosis or treatment.
🏥 Important: BMI is a general screening tool and does not account for muscle mass, bone density, age, sex and ethnicity. A high or low BMI does not necessarily indicate a health problem. Always consult a qualified healthcare professional or doctor for medical advice and before making any health-related decisions.
4. No Legal Advice
Nothing on ToolsMagnet constitutes legal advice. Our tools, including any document generators or business tools, are provided for general informational purposes only.
For any legal matters — including contracts, invoices, compliance or regulatory requirements — please consult a qualified legal professional or chartered accountant. ToolsMagnet is not a law firm and does not provide legal services.
5. Accuracy of Information
We strive to keep all information and tools accurate and up to date. However, we cannot guarantee that all information is always current, complete or error-free. The following factors may affect accuracy:
- •Tax rates and regulations change frequently — always verify with official sources
- •Interest rates vary between financial institutions
- •File conversion tools may not preserve all formatting in all cases
- •Third-party API data (IP lookup, DNS, WHOIS) may not always be current
- •AI-generated content (AI Astrologer) is for entertainment only
6. External Links
ToolsMagnet may contain links to third-party websites. These links are provided for your convenience and reference only. We have no control over the content of external websites and do not endorse or recommend any particular external site.
We are not responsible for the accuracy, legality or content of external sites, nor for any loss or damage that may arise from your use of them. Please review the privacy policies and terms of any external website you visit.
7. Seek Professional Advice
For important decisions, always consult a qualified professional:
Financial Decisions
Consult a SEBI-registered financial advisor or CFP
Health Decisions
Consult a licensed doctor or healthcare professional
Legal Matters
Consult a qualified advocate or legal professional
Tax & GST
Consult a Chartered Accountant (CA)
Business Decisions
Consult a business advisor or consultant
Real Estate
Consult a RERA-registered agent or legal expert
8. Contact Us
If you have questions about this disclaimer or believe any information on our website is inaccurate, please contact us: