Tax Rates & Regimes Case study: ₹18 lakh salary with interest income, old vs new regime (2026-27) A worked example for tax year 2026-27 comparing both regimes for a salaried person with deductions and interest income. Tax Rates & Regimes Income tax slabs for tax year 2026-27 New and old regime slabs, the ₹12 lakh rebate and the standard deduction. Budget 2026 made no change to slabs. Tax Rates & Regimes Tax rates for firms, LLPs, companies and MAT Flat rates for firms and LLPs, the three company rate options, and the 14% MAT from tax year 2026-27. ITR & Compliance Advance tax, self-assessment tax and interest Who pays advance tax, the four instalment dates, and the 1% a month interest if you pay late. Deductions & Salary Salary income: standard deduction, HRA and perquisites What is taxable in your salary, how HRA is worked out, and what the employer's certificate shows. TDS & TCS TDS on salary: what employers must do How to work out monthly salary TDS under section 392 and issue Form 130. Business Income & Audit Paying yourself from your business: drawings, remuneration, salary or dividend How owners of a proprietorship, firm, LLP or company should take money out of the business, and how each route is taxed. Journal Entry Library Salary and payroll entries with PF, ESI, PT and TDS The monthly entries for salary, deductions and employer contributions. ITR & Compliance Budget 2026: income tax changes at a glance Everything the 1 February 2026 Budget changed for individuals and businesses, effective from tax year 2026-27. Capital Gains Capital gains: rates and holding periods Short and long term, the 12.5% and 20% rates, the ₹1.25 lakh exemption and holding periods. Income Tax Basics Income-tax Act, 2025: what changed and when The new Act replaced the 1961 Act from 1 April 2026. What is new, what is the same, and which law applies to which year. Income Tax Basics Income from other sources: interest, dividends, gifts and winnings Which incomes fall under 'other sources', how each is taxed, the TDS on them, and the gift rules.