Mutual fund taxation in India (2026): equity funds at 20% short-term and 12.5% long-term above Rs 1.25 lakh, debt funds at slab rate, plus SIP, SWP and dividend rules in simple words.
80TTA gives up to ₹10,000 on savings interest; 80TTB gives resident seniors up to ₹50,000 on savings, FD and RD interest. Old regime only — and both merge into Section 153 from 2026-27.
GST e-way bill explained: the ₹50,000 limit, 1 day per 200 km validity, Part A and Part B, cancellation, extension and Section 129 penalty.
GST composition scheme explained: 1% for traders and manufacturers, 5% for restaurants, 6% for small service providers. ₹1.5 crore limit, who cannot opt in, CMP-08 quarterly dates and GSTR-4 annual return.
Home loan tax benefits explained: Rs 2 lakh interest under Section 24(b), Rs 1.5 lakh principal under 80C, 80EEA rules, joint loans and old vs new regime.
Form 26AS vs AIS vs TIS explained: what each statement shows, how to download them from incometax.gov.in, and how to fix mismatches before filing your ITR.
File ITR with Form 16 step by step: read Parts A and B, match TDS with Form 26AS, pick ITR-1 or ITR-2, and e-verify within 30 days.
NRI income tax explained: who counts as an NRI, 2026 slabs, TDS on property sale and rent, DTAA relief, NRE/NRO rules, and which ITR form to file.
HRA exemption is the smallest of three amounts — HRA received, rent minus 10% of salary, and 50% or 40% of salary by city. Worked examples, the 8-city list from FY 2026-27, and old-regime rules explained simply.
Input tax credit (ITC) in GST explained: Section 16 claim conditions, GSTR-3B steps, blocked credits under Section 17(5), and the 30 November deadline for FY 2025-26 invoices.