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Income tax in India: guides, calculators and tools

What this site holds on income tax under the Income-tax Act, 2025. Each article names the provision it rests on and links the official text. Each calculator shows its working.

14 articles · 10 calculators and tools

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Articles on income tax.

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Direct Tax 29 Sept 2026 01 Content Creator Taxation Guide 2026-27: Income Tax, GST, Advance Tax and Export Invoices for Freelancers, YouTubers and Influencers A rules-and-compliance guide for freelancers and creators in tax year 2026-27: the presumptive schemes of section 58 (the old 44AD and 44ADA) and who may use which, TDS under section 393, US tax withheld by YouTube and how to claim credit, advance tax in one instalment, GST registration above ₹20 lakh with exports counted, the Letter of Undertaking, what an export invoice must say, and the RBI's new nine-month rule from 1 October 2026. Covers income from YouTube, Instagram, Facebook, X and foreign clients, with the points the law has not settled marked as such. Read more Direct Tax 29 Sept 2026 02 Diwali 2026 Money Guide: Tax on Gifts, Bonus and Gold — the ₹15,000 Gift from Your Employer, Gifts to Spouse and Parents, and What You Pay When You Sell Gold A festive-season tax guide for tax year 2026-27, the first Diwali under the Income-tax Act, 2025. Gifts from an employer are tax-free below ₹15,000 a year, up from ₹5,000. Gifts from friends are taxed in full once they cross ₹50,000. A gift to a spouse, daughter-in-law or minor child saves no tax on the income it earns. A bonus can be taxed away almost entirely near ₹12 lakh of income. Cash of ₹2 lakh or more cannot be accepted even from a relative. Gold sold after 24 months is taxed at 12.5%, and Sovereign Gold Bonds redeemed early are no longer tax-free. With the rules for employers on GST, TDS and statutory bonus. Read more Direct Tax 26 Sept 2026 03 Where Is My Income Tax Refund? ₹2.20 Lakh Crore Has Gone Out — Why Yours May Be Held, and the Four Dates Left for FY 2025-26 Refunds are going out faster than last year — ₹2.20 lakh crore by 17 September, up 29% — yet 'where is my refund' is the personal-tax question India keeps searching. A record 7.8 crore returns were filed for FY 2025-26 by 31 August. What actually holds a refund, how to read the portal's status, what the 'processing held' SMS means, and the dates still open: belated returns by 31 December and, for the first time, revisions until 31 March 2027. With a short note on the deadlines taxpayers abroad face in October. Read more Direct Tax 23 Sept 2026 04 Three Dates Every NRI Should Have in the Diary: Form 145 Is Already Here, the TAN Goes on 1 October, and the H-1B Fee Runs to 2027 A new Income-tax Act came into force on 1 April 2026 and quietly renumbered the paperwork every NRI remittance depends on — Form 15CA is now Form 145, Form 15CB is Form 146, and section 195 is section 393(2). From 1 October 2026 a resident individual buying property from an NRI no longer needs a TAN. And the $100,000 H-1B payment has been extended to September 2027 while a court decides whether it was lawful at all. What each one changes, what it does not, and the rates that stayed exactly where they were. Read more Direct Tax 15 Sept 2026 05 Influencer Tax Planning in India (2026-27): How Creators, Freelancers and Small Businesses Save Tax the Legal Way Social media income tax planning, worked out on real numbers: when the 6% presumptive scheme makes you tax-free, when an HUF genuinely works, when an LLP or Pvt Ltd pays for itself — and the free business tax planning tool that runs all of it on your figures. Read more Direct Tax 09 Sept 2026 06 New Tax Regime Slabs for FY 2026-27 Under the Income-tax Act, 2025: Rates, Rebate, and the Basic Exemption Limit Explained The seven slabs, the ₹75,000 standard deduction, the rebate that makes income up to ₹12 lakh tax-free, and why the basic exemption limit is still ₹4 lakh. The rate card for tax year 2026-27, with worked examples. Read more Direct Tax 08 Sept 2026 07 NRI Property TDS Under Section 195: Why the Buyer Withholds Far More Than Your Tax Bill, and the Form 13 Fix That Stops It (2026) The buyer deducts tax on the whole sale price, not your gain, and the excess sits with the department until a refund arrives. Form 13, now Form 128, applied for before registration, is what replaces that default with your real number. Read more Direct Tax 06 Sept 2026 08 Selling Property in India as an NRI: Why the Buyer Withholds Tax on the Whole Price, and How to Stop It (2026) The buyer deducts tax on your sale price, not your profit — often three or four times what you actually owe. One certificate, applied for before you sign, is what closes that gap. Read more Direct Tax 05 Sept 2026 09 NRI Residential Status in India: The Day Count That Decides Whether Your Global Income Is Taxable (2026) 182 days, 120 days, 60 days — and a rule that can make you a tax resident with zero days in India. How residential status actually works, and what it costs to get wrong. Read more Direct Tax 18 Aug 2026 10 Old Regime or New: How to Actually Decide The comparison everyone runs is the wrong one. Instead of asking which regime is better, work out your break-even deduction — the single number that settles it in about two minutes. Read more Direct Tax 16 Aug 2026 11 Capital Gains After the 2024 Overhaul The July 2024 changes did more than move rates. They removed indexation for most assets, flattened holding periods, and quietly changed which investments make sense to hold. Read more Direct Tax 11 Aug 2026 12 Presumptive Taxation: Who It Fits, and the Traps Sections 44AD and 44ADA let small businesses and professionals declare income as a percentage of turnover and skip the books. Genuinely useful — and routinely misapplied. Read more Direct Tax 08 Aug 2026 13 The TDS Calendar That Prevents Most Notices Almost every TDS notice I see traces back to one of four things, and all four are calendar problems rather than technical ones. A working routine to avoid them. Read more Direct Tax 03 Aug 2026 14 Six Filing Mistakes That Generate Notices The department's systems now cross-check your return against a great deal of data it already holds. Most notices are the result of a mismatch nobody looked for before filing. Read more
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