Tax

Which ITR form to file for your income: ITR-1 for most salaried people, ITR-2 for capital gains and foreign assets, ITR-3 for business and F&O, ITR-4 for presumptive income, with a quick guide table.

How tax harvesting works on shares and equity mutual funds, how to book ₹1.25 lakh of tax-free long-term gains before 31 March 2027, the catches, loss harvesting and family exemptions.

Who must pay advance tax, the four due dates for FY 2026-27, how to work out each instalment, the interest for paying late, and how to pay it online.

Capital gains tax rates for shares, mutual funds, gold, bonds and property in FY 2026-27, holding periods, the ₹1.25 lakh exemption, indexation on property, exemptions and losses.

How FD, RD and savings interest is taxed, when banks deduct TDS, Form 121 (which replaced 15G and 15H), the senior citizen rules, and why cumulative FDs are taxed every year.

How your employer calculates TDS on salary, choosing your regime, Form 124 proofs, Form 130 (the new Form 16), what is tax-free, and what to do if you changed jobs.

Section 80C is now section 123. What counts towards the ₹1.5 lakh, how much you may already have used, the options compared with current rates, and when it is worth it at all.

How HRA exemption is calculated, the four cities that now get the 50% limit, worked examples, rent to parents, HRA with a home loan, and why it only helps in the old regime.

The new Income-tax Act replaced the 1961 law on 1 April 2026. What changed, what stayed the same, the new section and form numbers, and which law applies to your return.

The new and old regime slabs for FY 2026-27, how each rate applies only to its own band, why income up to ₹12 lakh is tax-free, and how marginal relief works just above it.