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
- Income Tax Explained Simply: Who Pays It and Why
Understand taxable income, TDS, deductions, rebates and returns through an everyday salary example.
- 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.
- 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.
- 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.
- 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
- 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.
- 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.
- 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.
- 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.
- 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
- 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.
- 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.
- 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.
- 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.
- 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
- 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.
- 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.
- 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.
- 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.
- 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
- 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.
- 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.
- 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.
- 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
- 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.
- Tax-Saving Mistakes Salaried People Make Every Year
Avoid duplicate claims, rushed investments and missing income with a practical year-end review for employees.
- 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.
