Knowledge Centre
Practical guides on Indian tax, salary structuring, deductions and investments – written by Chartered Accountants and updated for FY 2026-27 amendments.
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Hand-picked – latest amendments and high-impact readsPF Account Errors? Fix Name, Date of Joining and Exit Date Online – Complete Joint Declaration Guide (2026)
The corrections nobody explains properly: which of the 11 fields you can self-approve against Aadhaar, which need the employer, the exact document per field, the contributions-match rule for dates – and what to do when the employer just will not approve.
Read article →PM Viksit Bharat Rozgar Yojana (PM-VBRY / ELI): Rs 15,000 for New EPF Members, Rs 3,000/Month for Employers
The Rs 99,446 crore employment scheme decoded: first-timer benefit in two instalments (UMANG face authentication is the step everyone misses), employer incentives by wage slab for 2-4 years, baseline headcount rules and worked examples.
Read article →Professional Tax in India FY 2026-27 – State-wise Slab Rates, Due Dates and the Odisha Abolition
Complete state-wise PT map: Maharashtra gender slabs and the Rs. 300 February rule, half-yearly Tamil Nadu and Kerala, annual-income Bihar and Jharkhand, Punjab PSDT – and Odisha abolishing PT from April 2026. With links to per-state calculators.
Read article →Latest Articles
Browse the full libraryGST Late Fees and Interest FY 2026-27 – Caps for GSTR-1, 3B, 9 and the New 3-Year Filing Bar
Turnover-based late fee caps (Rs. 2,000 / 5,000 / 10,000), nil-return rates, GSTR-9 graded fees, 18% interest on the net cash liability with a worked example – and the July 2025 rule that permanently blocks returns after three years.
Read article →Section 80C is Now Section 123 – Full Deduction List and Limits for FY 2026-27
The Income-tax Act 2025 moves the Rs. 1.5 lakh basket to Section 123 with Schedule XV. Complete eligible list – EPF, PPF, SSY at 8.2%, ELSS, NSC, home loan principal, tuition – with lock-ins, the old-regime catch, and a CA ordering strategy.
Read article →Buying Property from an NRI? TDS Under Section 195 Explained for FY 2026-27
Why the 1% habit fails: 12.5% LTCG plus surcharge and cess on the full price, no Rs. 50 lakh threshold, Form 13 lower-deduction certificates, and the buyer compliance checklist that keeps you out of assessee-in-default territory.
Read article →EPF Interest Rate Stays at 8.25% for FY 2025-26 – How PF Interest is Actually Calculated
Rate history, the 12% + 3.67% + 8.33% EPS split, monthly running-balance interest with a worked example, the Rs. 2.5 lakh VPF taxability threshold, and why the credit date in your passbook does not cost you interest.
Read article →Old vs New Tax Regime FY 2026-27 – Which Saves More Tax (with Break-even Analysis)
Old vs new tax regime comparison for FY 2026-27 (AY 2027-28). Slab rates, allowed deductions, break-even salary points, and worked examples for Rs. 8L, 12L, 18L and 25L incomes – so you can pick the regime that saves…
Read article →HRA Exemption FY 2026-27 – 8 Metro Cities, 50% vs 40% Calculation Explained
House Rent Allowance (HRA) exemption under Section 10(13A) for FY 2026-27. Income-tax Act 2025 expands metros from 4 to 8 cities, raising the cap from 40% to 50% of basic salary for Bengaluru, Pune, Hyderabad and Ahme…
Read article →Section 393 of Income Tax Act 2025 — Complete TDS Transition Guide for FY 2026-27
New umbrella Section 393 consolidates the entire 194-series from 1 April 2026. Full mapping table, Finance Act 2025 threshold changes, removed sections (206AB, 206CCA, 206C(1H)), the new Form 141 return, and a practical CA transition checklist.
Read article →TDS Rate Chart FY 2026-27 – Complete Guide for Section 194 and 195
Complete TDS rate chart FY 2026-27 (AY 2027-28) for resident (Section 194) and non-resident (Section 195) payments. Updated for Finance Act 2025 amendments – threshold revisions, monthly rent rule, 194T partnership TD…
Read article →CTC Structuring for Maximum Tax Savings: Finance Act 2026 Guide
Your Cost to Company (CTC) is more than a number on your offer letter — it is a canvas that
Read article →Capital Gains Tax in India — Short Term vs Long Term Explained (FY 2026-27)
Understand STCG vs LTCG tax rates in India for FY 2026-27. Covers equity, property, gold, and debt — including Budget 2024 changes, indexation removal, the ₹1.25…
Read article →Advance Tax in India — Who Must Pay, How to Calculate & Due Dates for FY 2026-27
Complete guide to advance tax for FY 2026-27 — who must pay, instalment schedule (June/Sep/Dec/Mar), step-by-step calculation, and penal interest under Sections 2…
Read article →PPF vs NPS — Which is Better for Tax Saving in India?
Detailed comparison of PPF and NPS for tax saving — deductions, returns, liquidity, maturity rules, and who should choose which. Includes a side-by-side table and…
Read article →HRA Exemption — How to Calculate Under Section 10(13A) with Worked Examples
Complete guide to HRA exemption under Section 10(13A). Understand the three-way formula, worked examples for metro and non-metro cities, documentation required, a…
Read article →How to Calculate Income Tax for FY 2026-27 — New vs Old Regime Explained
Step-by-step guide to calculating your income tax for FY 2026-27. Compare new tax regime slabs vs old regime, understand deductions, surcharge, cess, and use our…
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