Income Tax, GST & Finance Guides for India

Gratuity Tax in India 2026 - Rs 20 Lakh Tax-Free Limit and Formula featured image

Gratuity Tax in India (2026): How Much Is Tax-Free, ₹20 Lakh Limit, Formula & New Labour Code Rules

Gratuity up to ₹20 lakh is tax-free over your whole career. This guide covers the 15/26 formula, covered vs not-covered rules, the lifetime limit, and what changed under the Code on Social Security, 2020.

Read More

ELSS Tax Saving Funds featured image: green plant growing from gold coin stacks with a rising chart, title text ELSS Tax Saving Funds, Rs 1.5 Lakh Deduction, 3-Year Lock-in

ELSS Tax Saving Funds (2026): How ELSS Works, ₹1.5 Lakh 80C Deduction, 3-Year Lock-in & Returns

ELSS (Equity Linked Savings Scheme) invests at least 80% in shares, gives up to ₹1.5 lakh deduction under Section 123 (old 80C) in the old regime, and locks each instalment for 3 years. This guide covers SIP vs lump sum, ELSS vs PPF vs NPS, and tax on returns.

Read More

Income from House Property: rental income, 30 percent standard deduction and home-loan interest explained

Income from House Property: How Rental Income, Home Loan Interest and the 30% Deduction Work (2026)

Rental income is taxed under Income from House Property. Learn the GAV to NAV calculation, 30% standard deduction, home-loan interest rules, loss set-off, TDS and old vs new regime differences.

Read More