Tax & ITR

How to e-verify your income tax return: Aadhaar OTP, net banking, bank/demat/ATM EVC, DSC and ITR-V by post — plus the 30-day deadline you must not miss.

Missed the ITR deadline or found an error? How belated (139(4)), revised (139(5)) and defective (139(9)) returns work for AY 2026-27 — deadlines, late fees and what you lose.

How to set off and carry forward capital, house-property, business and F&O losses in India — set-off order, time limits, and the filing deadline that protects them.

Standard deduction for FY 2025-26 is ₹75,000 under the new regime and ₹50,000 under the old. Who can claim it, pensioners, family pension and worked examples.

Section 87A rebate FY 2025-26: income up to ₹12 lakh (₹12.75 lakh salaried) is tax-free under the new regime. Slabs, marginal relief and the capital-gains catch explained.

Most Indians know about Section 80C — the ₹1.5 lakh deduction for investments like PPF, ELSS, and EPF. But many stop there, leaving other legitimate tax-saving avenues unused. Under the old tax regime, there are several deductions beyond 80C that can further reduce your taxable income — for health insurance, home-loan interest, NPS, donations, education…

Every year at tax time, salaried Indians face the same question: should I stick with the old tax regime and claim my deductions, or switch to the new regime with its lower slab rates but fewer exemptions? There is no single right answer — it depends entirely on how much you claim in deductions. This…

EPF interest on contributions above Rs 2.5L per FY is taxable (Budget 2021 rule). EPFO splits into Account-1 tax-free and Account-2 taxable. Strategy + worked examples.

Mutual fund STP and SWP tax treatment: each installment is a redemption event. Strategic SWP from equity funds for tax-free income up to Rs 1.25L LTCG exemption.

Property LTCG indexation rollback: choose between 12.5% no-indexation or 20% with-indexation (whichever lower). For pre-23-July-2024 purchases. NRIs excluded.