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INCOME TAX · START HERE

Income tax, one clear answer at a time.

27 practical guides for your first return, your next salary slip and the tax questions in between. Pick the topic you need.

Reviewed 26 October 2026 · Examples labelled by financial year

Most numerical guides explain FY 2025–26 / AY 2026–27. The year-round planning guide covers Tax Year 2026–27. Read each article’s year note before applying a limit or deadline.

Looking for TDS help? Explore 25 guides on deductions, payments, filing and refunds →

Running a business or organisation? Explore 27 guides for companies, LLPs, startups, trusts and societies →

Basics for beginners

  1. Income Tax Explained Simply: Who Pays It and Why

    Understand taxable income, TDS, deductions, rebates and returns through an everyday salary example.

  2. Old vs New Tax Regime: How to Choose With Your Own Numbers

    Compare the regimes using your actual deductions, salary and income instead of a one-size-fits-all rule.

  3. Income Tax Slabs: A Simple Calculation You Can Follow

    See how progressive slabs, rebate and cess work, with a step-by-step calculation for FY 2025–26.

  4. Who Must File an ITR Even When No Tax Is Due

    Understand income thresholds, high-value transaction triggers and why zero tax does not always mean no return.

  5. PAN and Aadhaar Linking: What Matters for Your Taxes

    Check linking status, fix mismatches and understand why paying a linking fee is not the same as completing the request.

Salary and employees

  1. HRA Exemption: How Salaried Employees Can Claim It Correctly

    Calculate the eligible HRA exemption, keep the right rent evidence and avoid common old-versus-new regime mistakes.

  2. Standard Deduction: The Salary Benefit You Do Not Need Receipts For

    Understand the ₹50,000 and ₹75,000 limits, multiple-employer situations and the difference between pension and family pension.

  3. Form 16 Explained: Read Your Salary Tax Certificate With Confidence

    Understand Part A, Part B, deductions and TDS, and check what to do if you changed jobs or the certificate looks wrong.

  4. Perquisites and Allowances: Which Salary Benefits Are Taxable?

    Learn how salary allowances, reimbursements and employer benefits differ, and what to check before treating a benefit as exempt.

  5. How to Check Form 26AS and AIS for Mismatches

    Match salary, interest, investments and tax credits, and know whether to contact the deductor or submit AIS feedback.

Deductions and savings

  1. Section 80C: Choose Tax-Saving Options That Fit Your Needs

    Check your existing EPF, tuition and loan payments before investing more, and compare common 80C choices sensibly.

  2. Section 80D: Health Insurance Deductions for You and Your Parents

    Understand the separate family and parents limits, senior-citizen rules, payment conditions and preventive check-up deduction.

  3. NPS and Section 80CCD(1B): Understand the Extra ₹50,000 Deduction

    Separate your own NPS contribution from employer contributions and check which benefits survive under the new regime.

  4. Home Loan Tax Benefits: Separate Interest From Principal

    Understand section 24(b), section 80C, self-occupied versus let-out property and the documents that support a valid claim.

  5. Section 80G: Donation Deductions and the Conditions to Check

    Verify the recipient, deduction percentage, cash limit and documents before claiming a donation in your income tax return.

Filing and compliance

  1. ITR-1 to ITR-4: Which Income Tax Return Should You Use?

    Choose by residency, income sources and exclusions—not just your job title or income amount.

  2. Income Tax Filing Deadlines: What Happens If You Miss Them?

    Check the AY 2026–27 deadline for your category, late-filing costs and the next available filing route.

  3. Belated and Revised Returns: When to File and What They Cost

    Missed the deadline or found an error? Understand the different return routes and the AY 2026–27 revision fee.

  4. Advance Tax: Who Pays It and How to Plan the Instalments

    Understand the ₹10,000 test, cumulative instalments, senior-citizen exception and a simple payment example.

  5. Received an Income Tax Notice? A Calm, Practical Response Guide

    Authenticate the communication, identify the issue and deadline, gather evidence and respond through the right portal service.

Investments and capital gains

  1. Stocks and Mutual Funds: Short-Term and Long-Term Capital Gains Explained

    Understand holding periods, equity tax rates, the ₹1.25 lakh annual threshold and why debt funds follow different rules.

  2. F&O Trading and Income Tax: Profits, Losses and the Audit Question

    Learn why eligible F&O trading is business income, how losses work, and which turnover and cash tests matter for tax audit.

  3. Freelance Income and Section 44ADA: Who Qualifies and How It Works

    Check the ₹50 lakh/₹75 lakh receipt limits, specified-profession rules, 50% presumptive income and the mistakes freelancers should avoid.

  4. FD Interest, Bonds and Crypto: What You Need to Report

    Separate taxable interest from capital gains, understand TDS thresholds, and avoid treating crypto losses like ordinary investment losses.

Myths and tips

  1. Common Income Tax Myths That Cost People Money

    No TDS, no tax? A refund means a tax saving? Separate common assumptions from the checks that actually matter.

  2. Tax-Saving Mistakes Salaried People Make Every Year

    Avoid duplicate claims, rushed investments and missing income with a practical year-end review for employees.

  3. Plan Your Taxes Early: A Practical April-to-March Routine

    Build a manageable annual routine for income estimates, deductions, records and advance tax instead of rushing in March.