Taxes

Missed the ITR deadline or made a mistake? Here's how belated, revised and updated returns work for AY 2026-27 — the dates, the ₹1,000–₹5,000 late fee, and the other penalties.

ELSS funds give you an 80C tax deduction, a 3-year lock-in and equity-linked returns. Here's how they're taxed, ELSS vs PPF, and whether they still make sense in the new tax regime.

Maxed out your ₹1.5 lakh under Section 80C? Save more with 80D, the extra ₹50,000 NPS deduction, home loan interest and more — and see what still works in the new tax regime.

From the free official portal to ClearTax, Quicko and TaxBuddy — the best websites to file your ITR online in India, and which one suits your income, for FY 2025-26.

The Section 87A rebate makes income up to ₹12 lakh tax-free under the new regime (₹5 lakh under the old). Here's how much you get, who qualifies, and the marginal relief and capital-gains rules for FY 2025-26.

Is FD interest taxable? How TDS works (the new ₹50,000 / ₹1 lakh limits), Section 80TTB for senior citizens, and smart ways to cut tax on your fixed deposit interest in FY 2025-26.

How are gains from shares and mutual funds taxed in India? A simple guide to STCG, LTCG, the ₹1.25 lakh exemption and the new debt fund rules for FY 2025-26.

Form 26AS, AIS and TIS — what each shows and which one to check before filing your ITR. A simple guide to reading your tax statements and fixing mismatches for FY 2025-26.

ITR-1, ITR-2, ITR-3 or ITR-4? Filing the wrong income tax return form can make your return defective. Here's a simple guide to which ITR form fits your income for FY 2025-26.

The new tax regime is now the default and makes income up to ₹12 lakh tax-free — but the old regime can still win if you claim big deductions. Here's how to choose for FY 2025-26.

Two employees with the same ₹25 lakh CTC can pay dramatically different taxes — the difference is salary structure optimization. Here's the complete guide to optimizing your salary components for ₹1.5-3 lakh annual tax savings.

HRA exemption can save Indian salaried employees ₹50K-₹3 lakh in tax annually. Here's the complete guide — the three-formula calculation, eligibility, documentation, smart strategies, and how HRA works under both Old and New Tax Regimes.