Section 80DDB lets resident individuals and HUFs deduct medical spending on specified diseases — up to Rs 40,000, or Rs 1,00,000 for senior citizens — under the old tax regime.
Section 44AD lets small businesses declare 6% of digital and 8% of cash turnover as income instead of tracking every expense. Turnover limits, eligibility, ITR-4 and the 5-year rule explained.
A GST refund claim gets back tax you paid but do not owe. Learn how to file RFD-01, the 2-year time limit, refund types, documents, and status tracking.
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.