1 Your income
My income comes from
Salary
Business or profession
Both
Gross receipts or turnover for the year (₹) what clients or customers paid you, before any expenses
This is a
Profession (doctor, CA, consultant, freelancer, designer, IT)
Business or trade (shop, agency, manufacturing, transport)
(44ADA: half of a professional's receipts is income; 44AD: 8% of turnover, 6% if received digitally. No books, no audit. Most small practices and traders use it.) Share of turnover received digitally or by cheque (%) 6% deemed profit on this part, 8% on cash
Business expenses for the year (₹) rent, staff, materials, travel, phone, depreciation: what your books show
TDS clients already deducted (₹) from Form 26AS / AIS; usually 10% of professional fees (194J)
Age
Below 60
60 to 79
80 and above
Financial year
FY 2026-27 (current, Income-tax Act 2025)
FY 2025-26 (Income-tax Act 1961)
Residential status
Resident
Non-resident (NRI)
2 Deductions, investments and other income
Open what applies to you. Nothing opened is fine: salary alone gives a real answer.
Open every section
Rent
Annual rent paid (₹) with HRA the exemption is worked out; without HRA, 80GG gives up to ₹60,000 (old regime)
City
Other Delhi Mumbai Kolkata Chennai
Bengaluru Hyderabad Pune Ahmedabad
Home loan
Interest paid this year, home you live in (₹) old regime only, cap ₹2,00,000
Interest paid, a home you rent out (₹) uncapped in both regimes; loss is stranded in the new
80C investments and NPS
(your own 12% of Basic + DA; the employer's share is exempt, not a deduction) My actual EPF + VPF contribution per year (₹) leave 0 to use 12% of Basic + DA
Other 80C investments, excluding EPF (₹) PPF, ELSS, LIC, NSC, SSY, home loan principal, tuition
Own NPS contribution, 80CCD(1B) (₹) the extra ₹50,000 on top of 80C
Own NPS within 80C, 80CCD(1) (₹) up to 10% of Basic + DA for employees, 20% of income for the self-employed, inside the ₹1.5 lakh
Employer NPS contribution (₹) 14% cap in new regime for everyone; 10% for private employers in old
Health insurance (80D)
Premium, self and family (₹)
Premium, parents (₹)
Capital gains
STCG on listed equity / equity MF (₹) held 12 months or less, taxed at 20%
LTCG on listed equity / equity MF (₹) first ₹1,25,000 exempt, then 12.5%
LTCG on other assets (₹) 12.5% without indexation
Lottery / online gaming / crypto gains (₹) 30%
Not sure of the figures? The capital gains calculator works them out from a sale, or from your broker's Tax P&L file.
Interest, dividends and rent received
Savings account interest (₹)
FD / RD interest (₹)
Dividends (₹)
Other income (₹)
Rent received, property you let out (₹)
Municipal tax paid on it (₹)
Other deductions and perks
LTA exemption claimable (₹) travel fare only
Education loan interest (₹)
Donations, 80G (₹)
Donation category
Approved charity (50%, within 10% of income)
PM National Relief Fund etc. (100%, no limit)
Specified funds (50%, no limit)
Specified purposes (100%, within 10% of income)
Disability
None
Self, 40 to 79%
Self, 80% or more
Dependant, 40 to 79%
Dependant, 80% or more
Employer PF + superannuation + NPS combined (₹) above ₹7,50,000 is a taxable perquisite
Other taxable perquisites (₹) company car, accommodation, per your Form 16