Form 15G and Form 15H: How to Submit to Avoid TDS on FD Interest (2026)
Form 15G is for residents below 60 and HUFs; Form 15H is for senior citizens 60 and above. Submit the right form to every bank once a year to stop TDS on FD interest.
Income Tax, GST & Finance Guides for India
F&O Trading Tax in India (2026): Business Income, ITR-3, Audit & Loss Rules
F&O profit is business income, not capital gains. Learn ITR-3 filing, turnover and audit rules, and how F&O losses set off and carry forward for 8 years.
Section 54EC Capital Gains Bonds (2026): Save Tax on Property Sale — Rules, ₹50 Lakh Cap & Section 85
Sold land or a building? Section 54EC bonds let you shelter up to ₹50 lakh of the gain from tax — if you invest within six months and hold for five years.
Section 54F Exemption (2026): Save Capital Gains Tax by Buying a House — Rules, Rs 10 Crore Cap & Section 86
Section 54F exemption can make long-term capital gains tax zero when you reinvest the full sale money in one house in India. Rules, deadlines and the Rs 10 crore cap explained.
Missed Q2 TDS Return Deadline (31 October 2026): Late Fee, Interest and How to File Now
Missed the 31 October 2026 Q2 TDS return deadline? You can still file. The late fee is Rs 200 per day, capped at the TDS amount — and filing within one month avoids the penalty. Here is how to file now.
Capital Gains Tax on Agricultural Land Sale in India (2026): Rural vs Urban Rules and Section 54B Exemption
Rural agricultural land is tax-free, urban land pays 12.5% long-term tax, and Section 54B can remove the tax if you buy new farmland within two years.
Pension Income Tax in India (2026): Salary Rules, Commuted Pension Exemption & Family Pension
Your pension is taxed as salary, commuted pension is partly or fully tax-free, and family pension gets its own deduction. The 2026 rules, limits, and worked examples, explained simply.
Senior Citizen Savings Scheme Tax Benefits 2026: 80C, 80TTB, TDS & 8.2% Interest Explained
SCSS pays 8.2% a year, quarterly, on up to ₹30 lakh — with an 80C deduction on the deposit and up to ₹50,000 a year off interest under 80TTB (old regime). Interest itself is taxable. Here is the full tax picture for FY 2026-27.
Income Tax Notice 143(1) Intimation (2026): What It Means, the 3 Outcomes & What to Do
A Section 143(1) intimation means your ITR has been processed by the CPC. Learn the 3 outcomes — no change, refund or demand — the 30-day deadlines, and how to pay, rectify or revise.
NPS Tax Benefits 2026: 80CCD Deductions, 80% Lump Sum Rule and Withdrawal Tax (Section 124)
NPS tax benefits explained: 80CCD deductions in old and new regimes, the December 2025 80% lump sum rule, and how much of your NPS withdrawal is tax-free.