Author name: Kavita Mehra

Most salaried employees in India assume their job is done once they receive Form 16 — pick ITR-1, file, and move on. That assumption works until it doesn’t. The ITR-1 vs ITR-2 choice catches thousands of taxpayers off guard every assessment year, especially those who also sold mutual funds, received dividends from foreign employer stocks, […]

Most salaried employees assume ITR filing means uploading Form 16 and clicking submit. It doesn’t. Your ITR filing checklist for salaried employees needs to cover far more — your employer’s tax data, the Income Tax portal’s own view of your income, bank interest that never appears in Form 16, deduction proofs if you are in

Every year, millions of Indian taxpayers earn interest on their savings accounts and fixed deposits — and most of them have no idea whether to report it, ignore it, or claim a deduction on it. If you have ever left the “income from other sources” section blank in your ITR because you were unsure what

Every April, millions of salaried employees in India face the same question — old regime or new regime? Your payroll team wants an answer, your employer needs it for TDS, and one wrong call could mean paying thousands more than you should. The good news: once you understand what each regime actually requires, the decision

If your employer sent you a tax declaration form this year — or if you are trying to figure out whether you owe any income tax for FY 2025-26 — you are looking for the same thing: which slabs apply to you, and what your actual tax works out to. The new tax regime slabs

Your salary slip shows one number. Your offer letter shows another. Your Form 16 shows yet a third. And when TDS is deducted, the amount that lands in your bank account is something else entirely. If you are a salaried employee trying to understand which of these figures you actually pay income tax on —

You earn ₹10 lakh a year — and you are staring at two tax regimes, wondering which one actually saves you more money. Most guides give you a generic old-versus-new comparison. This one does not. It runs the numbers specifically for a ₹10 LPA salaried employee in FY 2025-26 (AY 2026-27), shows you the deduction

If you earn ₹15 LPA and your employer asks you to declare a tax regime before April, you are making a decision that affects TDS deductions every month for the entire financial year — and getting it wrong can mean either excess deductions or a surprise shortfall at filing time. The question of tax saving