Income tax rates for tax year 2026-27 for individuals, companies, firms, LLPs, co-operatives and foreign companies, with surcharge, cess and a worked example.
Income tax slabs for FY 2026-27 (tax year 2026-27) under the Income-tax Act 2025: new vs old regime, section 156 rebate, standard deduction and a worked example.
TDS rates under the Income-tax Act 2025: one chart of Section 393 entries with thresholds, rates and the matching Income-tax Act 1961 sections.
Additional depreciation: 20% extra on new machinery under Section 33 of the Income-tax Act 2025. Who qualifies, the 180-day rule and the 22% regime trap.
Chit fund accounting explained: dividend received, commission paid, balance lying with the foreman, with journal entries, GST and income-tax implications in Rs. examples.
Tax on shares in India: 20% STCG, 12.5% LTCG above ₹1.25 lakh, set-off rules and tax harvesting explained with worked examples and simple charts.
ESOPs in India: Companies Act section 62(1)(b), Rule 12, vesting, who is eligible, tax on exercise and sale, start-up deferral, FEMA and a worked example.
Setting up a Global Capability Centre in India: entity choice, GST export of services, transfer pricing, permanent establishment, FEMA and compliance checklist for Hyderabad GCCs.
TDS default consequences: interest under section 201(1A), late fee 234E, penalty 271H and 271C, 30% disallowance under 40(a)(ia) and prosecution, with a worked example.
Income tax interest and penalties explained: sections 234A, 234B, 234C, 234F, 270A and 271B with rates, triggers, a worked example and ways to reduce exposure.