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FinSetu India • Tax & Compliance Hub
Tax Year 2026-27 (Income-tax Act, 2025) Rules Active

Understand tax, calculate accurately, comply seamlessly & connect with verified experts. Comply & Connect With Experts

India's unbiased Tax Knowledge & Calculation Command Centre. Master Income Tax, GST, TDS, ITR, Capital Gains, Startup Compliance, and connect with verified Chartered Accountants & Tax Lawyers with zero platform commissions.

Explore Tax Calculators
FY 2026-27 Ready • Calculate • Compare • Comply
Interactive Tax Quick Check

FY 2026-27 (AY 2027-28) Old vs New Regime Preview

Sec 87A Rebate — Up to ₹60k
New Regime (FY 2026-27)RecommendedDefault Regime
0

Rebate up to ₹60,000 under Section 87A for eligible resident taxable income ≤ ₹12L

Old RegimeWith Deductions
80,600

Estimated with 80C + 80D + Std Ded baseline (₹2,25,000)

New Regime saves estimated 80,600!
Detailed Income Tax Calculator
Indicative Comparison Notice: Eligible resident individual taxpayers may receive rebate up to ₹60,000 under Section 87A where taxable income does not exceed ₹12 lakh, subject to applicable conditions. Old Regime preview assumes standard deduction (₹50k) + ₹1.5L 80C + ₹25k 80D baseline. Special-rate capital gains and high-income surcharge (>₹50L) are excluded from this simplified preview. Use our Detailed Income Tax Calculator for comprehensive computation.
Structured Knowledge Architecture

Tax Planning Categories & Knowledge Hubs

17 statutory tax verticals structured for fast reference, calculators, and compliance.

1. Income Tax & Salary Slabs

Income-tax Act 2025 default slabs, Old vs New regime, Form 16, HRA, and tax calculators.

Income Tax Hub

आयकर केंद्र
Direct Tax

Complete guide to Indian Income Tax slabs, Old vs New Tax Regime, rebate under Section 156 (2025 Act) / Section 87A (1961 Act), standard deductions, and tax liability computation.

Salary Tax & TDS

वेतन कर एवं टीडीएस
Salaried Employees

Understand gross salary decomposition, HRA metro vs non-metro exemptions, standard deductions, Form 16 reconciliation, and take-home planning.

Tax Calculators Hub

कर कैलकुलेटर केंद्र
6 Financial Tools

Comprehensive suite of verified deterministic tax planning tools: Income Tax, Salary Take-Home, GST Inclusive/Exclusive, TDS, Capital Gains, and Business Tax.

Tax Rules & Knowledge

कर नियम एवं ज्ञान
Official Knowledge

Structured educational repository on statutory tax rules under Income-tax Act, 2025, CBDT circulars, CBIC GST notifications, court rulings, and standard operating procedures.

2. Business & GST Compliance

GST registration, GSTR 1/3B filing, Section 44AD presumptive tax, and startup compliance.

Business & Corporate Tax

व्यवसाय एवं कंपनी कर
Commercial

Taxation for Sole Proprietorships, Partnerships, LLPs, Private Limited Companies, and Presumptive Taxation under Section 44AD/44ADA.

GST Hub India

वस्तु एवं सेवा कर केंद्र
Indirect Tax

Comprehensive GST compliance: online registration thresholds, return filing (GSTR-1, GSTR-3B, GSTR-9), Input Tax Credit (ITC), and notice dispute handling.

Startup Tax & Compliance

स्टार्टअप कर एवं अनुपालन
Entrepreneurs

Tax implications of entity selection (LLP vs Pvt Ltd), DPIIT startup tax exemption Section 80-IAC, startup GST registration, TDS setups, and ROC filings.

3. TDS & Statutory Compliance

TDS rates matrix (Sec 194C/J/I/IA), Form 26AS, AIS/TIS, and Tax Notice resolution.

TDS & Withholding Hub

टीडीएस स्रोत पर कर कटौती
Tax Withholding

Complete section-wise TDS rates (194J, 194C, 194I, 194H, 194Q), quarterly return filing (Form 24Q/26Q), TRACES certificates, and non-PAN penalties.

Tax Compliance Calendar

कर अनुपालन कैलेंडर
Deadlines & Dates

Centralized compliance roadmap: due dates for ITR filing, advance tax quarterly installments, monthly GSTR-1/3B, TDS quarterly returns, and ROC filing deadlines.

Tax Notices & Disputes

कर नोटिस एवं विवाद समाधान
Notice Assistance

Understanding Income Tax notices (143(1) intimation, 139(9) defective return, 148 reopening), GST notices (ASMT-10 scrutiny, DRC-01 demand), and appeal procedures.

4. ITR Filing & Form 16 Hub

ITR 1-7 filing roadmaps, Form 16 verification, tax documents checklist, and rule updates.

ITR Filing & Roadmap

आयकर रिटर्न दाखिल करना
E-Filing Portal

Complete e-filing roadmap: which ITR form to choose (ITR-1 to 7), e-verification with Aadhaar OTP, belated & revised returns, and tax refund tracking.

Tax Documents & Forms

कर दस्तावेज एवं फॉर्म
Document Library

Checklists and guides for Form 16, Form 16A, Form 26AS, Annual Information Statement (AIS), Taxpayer Information Summary (TIS), and Bank Interest Certificates.

Tax News & Regulatory Updates

कर समाचार एवं विनियामक अपडेट
Tax Year 2026-27

Verified coverage of Union Budget amendments, Income-tax Act 2025 circulars, CBDT/CBIC notifications, tax slab revisions, deadline extensions, and compliance rule changes.

5. Capital Gains & Investments

12.5% LTCG, 20% STCG on stocks & mutual funds, real estate Section 54 EC/F exemptions.

Capital Gains Tax

पूंजीगत लाभ कर
Investments & Property

Understand short-term (STCG) vs long-term (LTCG) tax on equity shares, mutual funds, real estate, gold, and debt funds under the latest tax amendments.

Verified Tax Experts

सत्यापित कर विशेषज्ञ
Expert Network

Connect with verified, active Chartered Accountants (CAs), GST Practitioners, Tax Consultants, and Tax Lawyers for customized professional guidance.

6. Tax Savings & Deductions

Section 80C, 80D health insurance tax relief, 80CCD(2) employer NPS, and tax saving strategies.

Tax Deductions & Slabs

कर कटौती धाराएं
Tax Exemption

Detailed statutory rules for deductions: Section 80C, 80D (health insurance), 80CCD (NPS), 80E (education loan), 80G (donations), and 80TTA.

Tax Saving Strategies

कर बचत योजनाएं
Financial Planning

Educational tax-saving strategies: ELSS mutual funds, PPF, Sukanya Samriddhi Yojana, National Pension System (NPS), and health insurance planning.

Statutory Fact Sheet

FY 2026-27 Income Tax Snapshot (Income-tax Act, 2025)

Effective April 1, 2026
New Regime Default SlabsNil up to ₹4 Lakh

Eligible resident individual taxpayers may receive rebate up to ₹60,000 under Section 87A where taxable income does not exceed ₹12 lakh, subject to applicable conditions. (Illustrative salaried example: gross salary up to ₹12.75L with ₹75k std ded).

Standard Deduction₹75,000

Available to all salaried taxpayers and pensioners under New Tax Regime.

Capital Gains Tax12.5% LTCG / 20% STCG

₹1.25 Lakh annual LTCG exemption limit on equity shares & equity mutual funds.

Employer NPS u/s 80CCD(2)Up to 14% of Basic

Deductible over and above standard deduction under New Tax Regime.

Statutory Deadlines

Tax Compliance Calendar (FY 2026-27)

View Full Calendar
INDIVIDUALAnnual • Provision: Filing of Return of Income, Income-tax Act, 2025

Income Tax Return (ITR) Filing — Non-Audit Individuals & Salaried

Due: 31st JulyAnnual (for preceding Tax Year)

Statutory due date for salaried individuals, freelancers, and non-audit HUFs to e-file annual returns on incometax.gov.in.

Penalty: Late fee ₹5,000 (₹1,000 if total income <= ₹5 Lakh) + 1% per month interest u/s 234A equivalent.
Official Portal
INDIVIDUALQuarterly • Provision: Advance Tax Liability & Payment Schedule, Income-tax Act, 2025

Advance Tax Installment 1 (15%)

Due: 15th JuneQuarter 1 (April – June)

Mandatory first advance tax installment for all taxpayers whose estimated annual tax liability exceeds ₹10,000.

Penalty: 1% per month interest u/s 234C equivalent for deferment of advance tax.
Official Portal
INDIVIDUALQuarterly • Provision: Advance Tax Liability & Payment Schedule, Income-tax Act, 2025

Advance Tax Installment 2 (45%)

Due: 15th SeptemberQuarter 2 (July – September)

Cumulative payment of at least 45% of estimated advance tax liability.

Penalty: 1% per month interest u/s 234C equivalent.
Official Portal
INDIVIDUALQuarterly • Provision: Advance Tax Liability & Payment Schedule, Income-tax Act, 2025

Advance Tax Installment 3 (75%)

Due: 15th DecemberQuarter 3 (October – December)

Cumulative payment of at least 75% of estimated advance tax liability.

Penalty: 1% per month interest u/s 234C equivalent.
Official Portal
INDIVIDUALQuarterly • Provision: Advance Tax Liability & Payment Schedule, Income-tax Act, 2025

Advance Tax Final Installment (100%)

Due: 15th MarchQuarter 4 (January – March)

100% of estimated annual advance tax must be paid by 15th March.

Penalty: 1% per month interest u/s 234B & 234C equivalent.
Official Portal
GSTMonthly • Provision: Section 37, CGST Act, 2017

GSTR-1 Monthly Return (Outward Supplies)

Due: 11th of every monthMonthly (Preceding Month)

Filing of B2B invoices, B2C supplies, debit/credit notes, and exports for normal monthly taxpayers.

Penalty: Late fee of ₹50/day (₹20/day for Nil return) + auto-blocking of GSTR-3B.
Official Portal
GSTMonthly • Provision: Section 39, CGST Act, 2017

GSTR-3B Monthly Summary & Tax Payment

Due: 20th of every monthMonthly (Preceding Month)

Summary return for outward liability, ITC claims (matched with GSTR-2B), and monthly tax settlement.

Penalty: Late fee ₹50/day + 18% p.a. interest on net cash tax liability u/s 50.
Official Portal
TDSMonthly • Provision: Deposit of Tax Deducted at Source, Income-tax Act, 2025

Monthly TDS / TCS Challan Deposit

Due: 7th of every monthMonthly (Preceding Month)

Deposit of all TDS deducted across salaries, contractor fees, professional fees, and rent.

Penalty: 1.5% per month interest for delay in deposit u/s 201(1A) equivalent.
Official Portal
TDSQuarterly • Provision: Filing of Quarterly TDS Statements, Income-tax Act, 2025

Quarterly TDS Return Filing (Form 24Q / 26Q) — Q1

Due: 31st JulyQuarter 1 (April – June)

Submission of salary and non-salary quarterly withholding statements to TRACES.

Penalty: Late fee ₹200 per day u/s 234E equivalent + penalty up to ₹1,00,000 u/s 271H.
Official Portal
BUSINESSAnnual • Provision: Compulsory Audit of Accounts, Income-tax Act, 2025

Tax Audit Report Submission (Form 3CA/3CB/3CD)

Due: 30th SeptemberAnnual

CA-certified Tax Audit Report for businesses with turnover exceeding ₹10 Crore (or ₹1 Crore cash) and professionals >₹50 Lakh.

Penalty: 0.5% of turnover or ₹1,50,000, whichever is less, u/s 271B equivalent.
Official Portal
BUSINESSAnnual • Provision: Return of Income for Audit Entities, Income-tax Act, 2025

Income Tax Return (ITR) Filing — Corporate & Tax Audit Entities

Due: 31st OctoberAnnual

Mandatory e-filing of ITR-6 for companies and ITR-3/5/7 for audit-liable entities.

Penalty: Late fee ₹5,000 + 1% monthly interest u/s 234A.
Official Portal
Expert Guidance Network

Connect with Verified Tax Experts

Chartered Accountants, GST Practitioners, and Tax Lawyers verified by FinSetu compliance.

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Direct Tax & Corporate Audits

Category: CA
Expert Network

Comprehensive Income-tax Act, 2025 compliance, Tax Audits u/s 44AB, transfer pricing, and Corporate ITR-6.

Best Suited For:
Tax Audits (>₹10 Cr)Corporate Return FilingPrivate Limited SlabsSection 80-IAC Exemptions

GST Returns & Scrutiny Specialist

Category: GST Expert
Expert Network

Departmental ASMT-10 scrutiny, GSTR-2B ITC reconciliation, GST refunds for software exporters, and revocation of cancellation.

Best Suited For:
DRC-01 Show Cause NoticesITC Mismatch u/s 17(5)LUT Export RefundsGST Annual GSTR-9/9C

CIT Appeals & High Court Tax Litigation

Category: Tax Lawyer
Expert Network

Filing online statutory appeals (Form 35), stay of demand applications, and representation before ITAT / High Court.

Best Suited For:
Section 148 Reassessment NoticesHigh-Value Tax DemandsCIT Appeals Form 35Search & Seizure Cases

Startup Tax & 80-IAC Advisor

Category: Tax Consultant
Expert Network

DPIIT startup recognition, IMB Form-1 application for 100% 3-year tax holiday, and angel tax compliance.

Best Suited For:
80-IAC Tax HolidayDPIIT RecognitionESOP Taxation StrategyCap Table Restructuring

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🛡️ Statutory Regulatory Notice: FinSetu India is an independent educational calculation and verified expert discovery platform. We do not provide personalized financial/legal determinations or file returns on behalf of taxpayers. Verify statutory rates on official government portals (incometax.gov.in, gst.gov.in) or consult a qualified professional.