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Income Tax India FY 2026-27

Salary par kitna tax lagta hai? →

Naya vs purana regime, slab rates, 87A rebate, 80C/80D/HRA deductions — complete Hinglish guide salaried + business + freelancers ke liye.

HRA Exemption FY 2026-27

HRA kaise calculate karte hain? →

LEAST-of-3 formula, metro 50% vs non-metro 40%, rent receipt rules, Form 10BA. Mumbai worked example ₹3L full exemption.

Capital Gains Tax FY 2026-27

LTCG aur STCG par kitna tax? →

Equity 12.5% / 20%, property 12.5%, debt MFs slab rate. Asset-class-by-class table + Section 54/54F/54EC exemptions.

F&O Trading Tax FY 2026-27

F&O par kitna tax lagta hai? →

Slab rate (non-speculative business income), audit threshold ₹10cr, loss offset, Section 44AD presumptive 6%. ITR-3 filing.

Crypto / VDA Tax FY 2026-27

Bitcoin par kitna tax? →

Section 115BBH 30% flat tax + 1% TDS Section 194S. No loss offset, no carry-forward. Schedule VDA in ITR-2/ITR-3.

Advance Tax FY 2026-27

Advance tax kab aur kitna bharni hai? →

4 quarterly instalments (15 Jun/Sep/Dec/Mar), 15/45/75/100% thresholds, Section 234B/234C interest, senior citizen exemption, presumptive 44AD single-instalment.

NRI Tax India FY 2026-27

NRI ko kitna tax lagta hai? →

Section 6 residency tests, TDS rates (Section 195), DTAA benefits, NRO vs NRE income, property sale, ITR-2 filing — sab Hinglish me.

Section 80C FY 2026-27

80C ₹1.5 lakh deduction guide →

10 eligible options compared (EPF, PPF, ELSS, LIC, NSC, home loan, NPS, Sukanya, FD, ULIP). Tax savings + life-stage stack + decision rules.

NSC (National Savings Certificate) 2026

5-saal 80C tax-saving certificate →

National Savings Certificate 7.7% locked rate, 5-saal lock-in, Section 80C ₹1.5L deduction. Post office se buy. PPF, ELSS, 5-yr FD se comparison.

Section 80D Hindi 2026

Mediclaim ₹25K-₹1L tax deduction →

Medical insurance premium par ₹25,000 se ₹1 lakh tax deduction. Self + family + senior parents covered. Old regime only. Preventive checkup ₹5K included.

Section 80E Hindi 2026

Education loan interest unlimited deduction →

Education loan ka interest unlimited tax deduction (no cap). 8-saal max benefit. Foreign education bhi covered. ₹40L loan = ₹4.4L cumulative 30% slab saving.

Section 80G Hindi 2026

Donations par tax deduction (50% + 100%) →

Charitable donations par tax deduction — PM CARES + Swachh Bharat 100% uncapped, NGOs 50% capped at 10% income. Cash limit ₹2K. Old regime only.

Section 80TTA + 80TTB Hindi 2026

Savings + FD interest deduction →

Bank savings interest ₹10K (80TTA below 60) ya senior citizen ₹50K with FD (80TTB). Joint accounts share split. Old regime only.

Section 87A Hindi 2026

₹25K new regime / ₹12,500 old regime rebate →

Tax rebate — new regime ₹25K (income up to ₹7L = ZERO tax) ya old regime ₹12,500 (income up to ₹5L). Marginal relief, automatic application.

Section 54 + 54F Hindi 2026

Property LTCG tax exemption →

Property/asset sale ke baad new ghar khareedo + LTCG tax bachao. Section 54 (house→house) ya 54F (asset→house). ₹10cr cap, CGAS deposit, 2/3 saal window.

Section 80EEB Hindi 2026

Electric Vehicle loan interest ₹1.5L →

EV loan interest ₹1.5L deduction. Loan sanctioned April 2019-March 2023 only (window closed for new). 2-wheeler + 4-wheeler EV. Old regime only.

Section 54EC Hindi 2026

REC/NHAI bonds capital gains exemption →

Property/asset sale par LTCG tax bachao — REC, NHAI, PFC, IRFC bonds me ₹50L invest karke. 5-yr lock-in, 5.25% interest, 6-month window. Combo with 54/54F possible.

Section 80U Hindi 2026

Disability tax deduction ₹75K / ₹1.25L →

Differently-abled taxpayers ke liye flat tax deduction — ₹75K (40-80%) ya ₹1.25L (80%+ severe). No expense proof. Certificate from authorized medical authority. Old regime.

Section 80GG Hindi 2026

Rent deduction without HRA →

Self-employed ya salaried without HRA ke liye rent deduction. ₹5K monthly (₹60K annual) cap. LOWEST of 3 formulas. Form 10BA mandatory. Old regime only.

Tax Audit Section 44AB Hindi 2026

₹10cr turnover + Form 3CB/3CD →

Business turnover > ₹10 crore (digital) ya ₹1 crore (cash) ya ₹50 lakh profession mandatory audit. CA-conducted. Form 3CA/3CB + 3CD. Penalty 0.5% turnover.

GST Registration Hindi 2026

Business + service thresholds →

GST registration thresholds ₹40L goods / ₹20L services. Composition scheme ₹1.5cr cap. Inter-state mandatory. Online 13-step process via gst.gov.in.

Section 80EEA Hindi 2026

Affordable housing ₹1.5L extra deduction →

First-time buyer affordable housing additional ₹1.5L deduction over 24(b). Loan April 2019-March 2022, stamp duty ≤ ₹45L. Combined ₹5L max tax deduction with 80C.

GST Returns Hindi 2026

GSTR-1, GSTR-3B, GSTR-9 →

Monthly/quarterly GST returns filing — GSTR-1 (sales), GSTR-3B (summary + tax), GSTR-9 (annual). QRMP for ≤₹5cr. Late penalty ₹50/day. 13-step process.

GST e-Invoicing Hindi 2026

₹5cr+ mandatory IRP + IRN →

B2B invoicing mandatory if turnover > ₹5 crore. IRP portal pe IRN generate. QR code on invoice. GSTR-1 auto-population. Non-compliance penalty ₹10K per invoice.

Income Tax Notice Hindi 2026

143(1), 142(1), 148, 156 response →

Income Tax notice response complete guide. Section-by-section explanation, timelines, e-Proceedings portal, AIS discrepancy prevention. Engage CA for serious notices.

ITR Filing Hindi 2026

ITR-1, 2, 3, 4 forms guide →

ITR forms selection — ITR-1 (salary), ITR-2 (capital gains/NRI), ITR-3 (business), ITR-4 (presumptive). E-filing process, deadlines, refund tracking, common errors.

Section 44AD Hindi 2026

Presumptive business tax 6%/8% →

Small business presumptive taxation. ₹2cr (₹3cr digital) turnover. 6%/8% deemed profit, no audit, simplified ITR-4 filing. 5-year lock-in. Compliance ₹15-50K saving.

Section 80GGA Hindi 2026

Research donations 100% deduction (both regimes!) →

Scientific research + rural development donations 100% deduction. NO income cap. ₹2K cash limit. UNIQUE — both old + new regime allowed.

Business Structure Hindi 2026

LLP vs Pvt Ltd vs Proprietorship →

Sole Proprietorship vs LLP vs Private Limited Company. Tax (5-30% slab vs 31.2% vs 25.17%), compliance, liability, capital, funding options.

MSME Udyam Registration Hindi 2026

FREE online MSME registration + benefits →

Udyam Registration via udyamregistration.gov.in. FREE 10-min process. Micro/Small/Medium classifications. Priority lending, government tenders, late payment protection.

Section 80GGB Hindi 2026

Corporate political donations 100% →

Companies ke liye political party donations 100% deduction. Electronic mandatory, old regime only.

Section 80GGC Hindi 2026

Individual political donations 100% →

Individuals + HUFs + firms political donations 100% deduction. Electronic mandatory.

Section 80LA Hindi 2026

GIFT IFSC tax holiday →

OBU + IFSC units 100% income deduction first 5 years + 50% next 5. GIFT City Gandhinagar.

Section 80IBA Hindi 2026

Developer affordable housing tax holiday →

Real estate developers 100% profit deduction on affordable housing projects. ₹45L cap.

Section 80JJAA Hindi 2026

Employment generation tax →

Employers 30% additional deduction on new employees (₹25K cap) for 3 years. Both regimes!

Section 35 Hindi 2026

R&D expenditure 100% deduction →

Scientific research + experimental development 100% deductible. Pharma + biotech focused.

Section 80M Hindi 2026

Holding company dividend →

Indian companies inter-corporate dividend 100% deduction. Anti-cascading provision.

Section 80EE Hindi 2026

Historical first-time buyer ₹50K →

First-time home buyer ₹50K interest deduction. Loan sanctioned 2016-17 only (closed for new).

Section 44ADA Hindi 2026

Professional 50% presumptive tax →

Doctors, CAs, lawyers, consultants. 50% deemed profit on ₹75L receipts. ITR-4 simple.

Section 44AE Hindi 2026

Transport presumptive tax →

Goods transport ₹7,500/month per vehicle. Up to 10 vehicles. ITR-4 simple filing.

Section 115BBH Hindi 2026

VDA crypto 30% flat tax →

All cryptocurrencies + NFTs + DeFi 30% flat. NO loss offset, NO carry forward. Schedule VDA.

Section 194S Hindi 2026

VDA crypto 1% TDS →

VDA transfer 1% TDS. Exchange deducts. Threshold ₹10K/₹50K. Adjusted against 115BBH 30%.

NFT Tax India 2026 Hindi

30% + 1% TDS like crypto →

NFT = VDA. Section 115BBH 30% + Section 194S 1% TDS. Foreign platforms also taxable.

Crypto Mining Tax 2026 Hindi

Dual tax — mining + sale →

Mining time = FMV at slab. Sale time = 30% VDA. Business expense deductions (electricity, ASIC).

VDA Loss Setoff Hindi 2026

Crypto loss rules strict →

VDA loss CANNOT offset other income, CANNOT carry forward. Only same-year VDA gain offset.

OPC (One Person Company) Hindi 2026

Solo founder corporate structure →

Solo entrepreneur Pvt Ltd structure. Limited liability + ₹50L capital / ₹2cr turnover cap.

HUF Hindi 2026

Family separate tax entity →

Hindu Undivided Family separate PAN, ₹2.5L exemption + 80C + 80D. ₹1.5L+ family tax saving.

ESOP Tax India 2026 Hindi

3-stage taxation →

Grant (no tax) → Exercise (perquisite slab) → Sale (capital gains). Startup 80-IAC 5-yr deferral.

Startup India DPIIT Recognition 2026 Hindi

FREE recognition + benefits →

FREE online via startupindia.gov.in. 10-yr eligibility, 80-IAC tax holiday, angel tax exemption.

Section 80-IAC Hindi 2026

Startup 3-yr tax holiday →

DPIIT startups 3 consecutive years 100% tax holiday out of first 10 years. ₹100cr cap.

RERA Hindi 2026

Real estate regulation →

Developer project registration mandatory. Buyer protection — 1%/month penalty, escrow, 5-yr defect liability.

Trademark Registration India Hindi 2026

Brand protection ₹4.5K-9K →

Online via ipindia.gov.in. ₹4,500 individual/SME/Startup. 45 NICE classes. 10-yr renewable protection.

GST RCM Hindi 2026

Reverse Charge Mechanism →

Buyer pays GST directly. Notified services (GTA, legal, director). Notification 13/2017.

GST ITC Hindi 2026

Input Tax Credit detailed →

GSTR-2B auto-population, blocked credits Section 17(5), 180-day reversal, Section 16(4) time limit.

GST Refund Export Hindi 2026

LUT + RFD-01 process →

Export refund — LUT route, RFD-01 form, 60-day window, 90% provisional refund in 7 days.

GSTR-9 Walkthrough Hindi 2026

Annual return guide →

Annual GST return mandatory > ₹2cr. Reconciliation of monthly returns. December 31 deadline.

GST Audit Section 65 Hindi 2026

Department audit →

Tax officer audit. 15-day notice. Common findings — ITC, RCM, classification. 100%/10% penalty + 18% interest.

ROC Compliance Hindi 2026

Pvt Ltd annual filings →

AOC-4 + MGT-7A + DIR-3 KYC. Board meetings + AGM mandatory. ₹100/day late penalty + director disqualification.

SEBI Insider Trading Hindi 2026

UPSI compliance →

Listed company compliance. UPSI, designated persons, trading window, pre-clearance. Penalty ₹25cr+ + imprisonment.

Section 35CCA Hindi 2026

Rural development expenditure →

Business expense on NABARD-notified rural programs 100% deductible. CSR coordination.

87A Marginal Relief Hindi 2026

₹7L-₹7.27L marginal zone →

New regime marginal relief — tax capped at (income - ₹7L). Avoid 100% effective tax via NPS ₹50K contribution.

Section 115BAC Hindi 2026

New tax regime detailed →

Default new regime slabs ₹0-3-7-10-12-15-20-30L. ₹75K standard deduction. NO 80C/80D/HRA. Simplified.

Revised/Belated ITR Hindi 2026

After deadline filing →

Revised + Belated till December 31. Updated ITR 2-year window + 25-50% penalty.

P2P Crypto Hindi 2026

194S buyer responsibility →

P2P crypto trading. WazirX/Binance/LocalBitcoins. 194S 1% TDS = BUYER's responsibility.

RNOR Hindi 2026

Returning NRI status →

2-3 year transitional status. Foreign income NOT taxed during RNOR. Strategic asset realization window.

Form 67 FTC Hindi 2026

Foreign Tax Credit claim →

Indian residents claim CREDIT for foreign tax via DTAA. Lower of foreign tax or Indian tax on foreign income.

TRC + Form 10F Hindi 2026

NRI DTAA documentation →

Drops NRO TDS from 30% to 10-15% via DTAA. Annual filing. Saves ₹2L+ on ₹10L NRO interest.

Schedule FA Hindi 2026

Foreign assets disclosure →

Mandatory disclosure of foreign bank/investments/ESOPs/property. ₹10L per asset penalty + ED prosecution.

DTAA Process Hindi 2026

Tax treaty workflow →

Step-by-step: identify rates, obtain TRC, file Form 10F, lower TDS, file ITR, claim FTC. 95+ countries.

GST Real Estate Hindi 2026

Construction & property →

1% affordable, 5% other under-construction, ZERO ready possession. Commercial 12% effective with ITC.

GST Restaurants Hindi 2026

5% standalone, 18% specified premises →

5% no ITC standalone — AC + liquor irrelevant. 18% only in specified premises. Composition 5% for < ₹1.5cr. Cloud kitchens.

GST e-Commerce TCS Hindi 2026

Amazon/Flipkart seller →

0.5% TCS by Amazon, Flipkart, Meesho (cut from 1% on 10 July 2024). Seller GST mandatory (no threshold). GSTR-8 reconciliation.

LTA Deep Hindi 2026

Section 10(5) travel allowance →

Twice in 4-year block (2026-29). Domestic only. Air economy/AC tier. Family covered. OLD REGIME ONLY.

Gratuity Section 10(10) Deep Hindi 2026

₹20L lifetime exemption →

Formula (15 × salary × years) ÷ 26. 5-year minimum. ₹20L lifetime tax cap (private). Govt 100% exempt.

Leave Encashment Hindi 2026

Section 10(10AA) ₹25L exemption →

₹25L lifetime exemption (8x raise from ₹3L in 2023). Govt 100% exempt. Senior executives save ₹7L+.

VRS Section 10(10C) Hindi 2026

Voluntary Retirement ₹5L →

PSU + approved companies VRS. ₹5L lifetime tax exemption. Age 40+ or 10+ years service.

Form 16 + 12BB Hindi 2026

Salary documentation →

Form 16 employer TDS certificate. Form 12BB employee declaration. Reconcile with AIS + 26AS.

Will Preparation Hindi 2026

Estate planning India →

Indian Succession Act 1925. 2 witnesses required. Executor + probate. NRI cross-border wills.

Gift Tax Section 56(2)(x) Hindi 2026

Relatives + ₹50K threshold →

₹50K aggregate non-relatives threshold. RELATIVES unlimited tax-free. Marriage gifts + inheritance exempt.

ESOP Advance Tax Hindi 2026

Exercise + sale quarterly →

2 stages: exercise (perquisite slab) + sale (capital gains 12.5%). 15-45-75-100% quarterly.

Salary Structure Hindi 2026

CTC optimization + tax →

Basic 40-50%, HRA, LTA, NPS 10%, food coupons. Old vs new regime. ₹2-5L annual saving.

234A/B/C Hindi 2026

Advance tax penalty →

1% per month. 234A late filing + 234B shortfall + 234C installment. ₹5-50K typical penalty.

Schedule 112A Hindi 2026

Scrip-wise LTCG reporting →

Mandatory transaction-wise for LTCG on listed shares + equity MFs. Jan 31, 2018 FMV.

AMT 115JC Hindi 2026

Alternative Minimum Tax 18.5% →

18.5% on ATI > ₹20L. Triggered by SEZ 10AA + 80-IAC. Credit 15-yr carry-forward.

Section 269SS Hindi 2026

₹20K cash transaction limit →

Loans/deposits/advances ≤ ₹20K cash. 269T repayment mirror. 100% penalty 271D/271E.

House Property Income Hindi 2026

Sections 22-27 deep →

Self-occupied vs let-out vs deemed. 30% standard + Section 24(b) interest. 2 self-occupied NIL.

Cost Inflation Index Hindi 2026

CII indexation 348 →

FY 2026-27 CII = 348. LTCG indexation formula. Pre-July 2024 properties: 20% indexed OR 12.5% un-indexed.

TDS Rent 194I/IB Hindi 2026

10% + 5% rent TDS →

194I: 10% land/building > ₹2.4L. 194IB: 5% individual > ₹50K monthly. Form 26QC + 16C.

Section 195 NRI Hindi 2026

30% TDS + DTAA lower →

All NRI payments 20-30% TDS. TRC + Form 10F drops to 10-15%. Property + rent + interest + royalty.

GST Healthcare Hindi 2026

Hospital exempt + pharma →

Hospital + clinical 100% EXEMPT. Room > ₹5K/day: 5%. Cosmetic 18%. Life-saving drugs 5%.

GST Education Hindi 2026

Schools exempt + coaching 18% →

Recognized schools + colleges 100% EXEMPT. Coaching + EdTech + online courses 18%. Books, notebooks + pencils NIL.

CGAS Hindi 2026

Deferred LTCG reinvestment →

Section 54/54F/54EC compliance. SBI + Canara Bank. Type A/B. 2-3 year window. Preserves exemption.

GST Hotels Hindi 2026

Tariff-tier rates →

Up to ₹7,500/night: 5% no ITC. > ₹7,500: 18% with ITC. Restaurant + banquet. OTA platforms + corporate.

TCS 206C Hindi 2026

5% tour · 20% LRS →

Foreign tour > ₹7L: 5%. LRS > ₹7L: 20%. Education + medical 5%. Form 27D ITR claim.

Lower TDS 197 Hindi 2026

NRI property + senior →

TRACES Form 13. NRI property: avoids 20-30% on full value. Seniors low-income. 4-8 wks.

Angel Tax Hindi 2026

56(2)(viib) abolished 2024 →

Premium above FMV historic. ABOLISHED 2024 — major relief. DPIIT startups separate exempt.

Pvt Ltd Tax Hindi 2026

22%/25% + MAT →

115BAA 22% (no MAT). 115BAB 15% new mfg. 25% ≤ ₹400cr. DDT abolished 2020.

GST Transport Hindi 2026

Logistics/freight/passenger →

GTA 5% no ITC or 18% with ITC. Radio taxi 5%. Train AC 5%, non-AC 0. Courier 18%. E-way bill > ₹50K.

GST IT Services Hindi 2026

Software/SaaS 18% →

Domestic 18%. Export ZERO-rated via LUT. SaaS, software, app dev all 18%.

GST Banking Hindi 2026

Charges + processing 18% →

Account + loan processing + credit card + locker + forex 18%. Interest EXEMPT.

GST Construction Hindi 2026

Works contract 5/18% →

Residential 5%/1%. Commercial 18%. Govt infra now 18%. Cement input 18%. Ready possession ZERO GST.

NRI Bank Accounts Hindi 2026

NRE/NRO/FCNR →

NRE repatriable + tax-free. NRO Indian income + taxable. FCNR foreign currency FD. RFC for returnees.

FEMA Overview Hindi 2026

Foreign exchange management →

FEMA 1999. Current vs capital account. NRI property + investment. LRS $250K. Civil penalties.

FCRA Hindi 2026

NGO foreign funding →

NGO/trust foreign donations. SBI Delhi account mandatory. FC-4 returns. 20% admin cap. No sub-granting.

Tax Residency Tie-Breaker Hindi 2026

Dual resident DTAA →

DTAA Article 4: permanent home → vital interests → habitual abode → nationality. Section 6 test.

GST Gold Jewellery Hindi 2026

3% gold + 5% making →

3% gold value + 5% making charges. Hallmark HUID. SGB/ETF avoid GST for investment.

GST Textiles Hindi 2026

Fabric 5% apparel 5/18% →

Fabric 5%. Apparel ≤₹2,500: 5%, >₹2,500: 18%. Manmade fibre + yarn now 5%. Job work 5%.

TDS 194J Hindi 2026

Professional fees 10% →

10% professional (CA/doctor/lawyer), 2% technical. ₹30K threshold. Freelancer 44ADA + refund.

TDS 194C Hindi 2026

Contractor 1%/2% →

1% individual, 2% others. ₹30K single / ₹1L aggregate. Transporter NIL. Works contract.

TDS 194O Hindi 2026

E-commerce seller 0.1% →

0.1% income tax TDS by Amazon/Flipkart. ₹5L threshold. Separate from GST TCS 1%.

ITR-1 Sahaj Hindi 2026

Salaried simple ITR →

Salary + one house + interest ≤ ₹50L. Pre-filled + AIS reconcile. Old vs new regime. e-Verify.

ITR-2 Hindi 2026

Capital gains + properties →

Capital gains + multiple properties + foreign assets + NRI. Schedule CG + 112A + FA.

ITR-3 Hindi 2026

Business + F&O + profession →

Business + F&O + freelance. Balance sheet + P&L + Schedule BP. Tax audit thresholds.

ITR-4 Sugam Hindi 2026

Presumptive 44AD/ADA/AE →

Presumptive: 44AD 8%/6%, 44ADA 50% (₹75L), 44AE transport. No books/audit. Simplest small biz.

Tax Audit 44AB Deep Hindi 2026

Audit thresholds + 3CD →

₹1cr business / ₹10cr digital / ₹50L profession. Form 3CA/3CB + 3CD. Penalty 0.5%/₹1.5L.

TDS 194H Hindi 2026

Commission 2% →

2% on commission + brokerage (down from 5% Oct 2024). ₹15K threshold. Real estate brokers.

TDS 194A Hindi 2026

Bank interest 10% + 15G/H →

10% FD interest over ₹50K (₹1L senior). Form 121 (earlier 15G/15H) avoids TDS. 80TTB for seniors.

GST Composition Hindi 2026

1%/5%/6% small business →

1% traders, 5% restaurants, 6% services. Up to ₹1.5cr. No ITC, intra-state. CMP-08 + GSTR-4.

GST ISD Hindi 2026

Input Service Distributor →

Distribute common service ITC across branches. Mandatory April 2025. GSTR-6 monthly.

GSTR-9C Hindi 2026

Reconciliation over ₹5cr →

Reconcile GSTR-9 with audited financials. Over ₹5cr. Self-certified since 2021. Due Dec 31.

Health Insurance Claim Hindi 2026

Cashless + reimbursement →

Network hospital cashless vs reimbursement. Pre-auth + documents. Avoid rejection. 80D deduction.

Term Insurance Claim Hindi 2026

Death claim settlement →

Nominee intimation + 30-day settlement. Section 45 incontestable after 3 yrs. 95%+ CSR insurer.