Under the New Regime only employer's NPS §80CCD(2) and the standard deduction apply — the rest are used for the Old Regime and Compare. Amounts above each limit are auto-capped.
Indicative estimate for resident individuals. The first four heads (salary, house property, business, other sources) are taxed at slab rates; capital gains are taxed at special rates in the Capital Gains tab. Each deduction is auto-capped at its statutory limit. New regime FY 2025-26/26-27: standard deduction ₹75,000, §87A rebate up to ₹60,000 (nil tax up to ₹12,00,000 taxable) with marginal relief; old regime: standard deduction ₹50,000, §87A rebate ₹12,500 up to ₹5,00,000. Surcharge & 4% cess applied. Always confirm with us before filing.
FY 2025-26 rates: Equity (STT-paid) — STCG §111A 20%, LTCG §112A 12.5% on gains above the ₹1,25,000 annual exemption (no indexation). Other assets — LTCG §112 12.5% without indexation; immovable property bought before 23 Jul 2024 may opt for 20% with indexation (resident individual/HUF); STCG at slab rate. §87A rebate doesn't apply to special-rate gains. Surcharge (capped at 15% on equity gains) and 4% cess apply. Grandfathering, §54/54F/54EC roll-overs and loss set-offs aren't modelled here — talk to us for the exact figure.
Advance tax is payable when net liability after TDS is ₹10,000 or more. Statutory instalments: 15% by 15 Jun, 45% by 15 Sep, 75% by 15 Dec, 100% by 15 Mar. Interest under §234B/234C may apply on shortfalls.
HRA exemption u/s 10(13A) is the least of: (a) actual HRA received; (b) rent paid minus 10% of (basic + DA); (c) 50% of (basic + DA) for a 50%-city, else 40%. The 50%-city list is now eight — Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Pune and Ahmedabad. Available under the old regime only.
Late fee is ₹50/day (₹20/day for nil returns) under CGST + SGST combined, subject to statutory caps that vary by turnover; interest on unpaid tax is 18% p.a. from the due date. GSTR-9 late fee and caps differ. Special waivers/amnesties change by notification — figures are indicative; confirm before paying.
Assumes monthly compounding with contributions at the start of each month. Returns are illustrative, not guaranteed — mutual fund investments are subject to market risk.
Indicative EMI on a reducing-balance basis. Actual figures depend on lender terms, fees and rate resets.