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Rate tables, commonly used forms and links to the official portals. For working figures use the calculators and the compliance calendar.
FY 2025-26 · AY 2026-27
Income Tax Slabs
Individual taxpayers below 60 years. Health and education cess of 4% applies on tax plus surcharge. Standard deduction: ₹75,000 (new regime), ₹50,000 (old regime).
| Total income (₹) | Rate |
|---|---|
| ₹0 to ₹4,00,000 | 0% |
| ₹4,00,000 to ₹8,00,000 | 5% |
| ₹8,00,000 to ₹12,00,000 | 10% |
| ₹12,00,000 to ₹16,00,000 | 15% |
| ₹16,00,000 to ₹20,00,000 | 20% |
| ₹20,00,000 to ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
| Total income (₹) | Rate |
|---|---|
| ₹0 to ₹2,50,000 | 0% |
| ₹2,50,000 to ₹5,00,000 | 5% |
| ₹5,00,000 to ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
Tax deducted at source
Common TDS sections
Rates for resident payees, with the annual threshold above which deduction applies.
| Section | Nature of payment | Rate | Threshold (₹) |
|---|---|---|---|
| 192A | Premature EPF withdrawal | 10% | ₹50,000 |
| 194A | Interest other than on securities | 10% | ₹40,000 |
| 194C | Payment to contractors (individual / HUF) | 1% | ₹30,000 |
| 194C (others) | Payment to contractors (other than individual / HUF) | 2% | ₹30,000 |
| 194H | Commission or brokerage | 2% | ₹20,000 |
| 194I(a) | Rent of plant and machinery | 2% | ₹2,40,000 |
| 194I(b) | Rent of land, building or furniture | 10% | ₹2,40,000 |
| 194J | Professional or technical services | 10% | ₹30,000 |
| 194J (technical) | Technical services / call centre | 2% | ₹30,000 |
| 194Q | Purchase of goods | 0.1% | ₹50,00,000 |
Goods and services tax
GST rate slabs
Rate slabs under which goods and services are notified. The slab applicable to a particular item depends on the rate notification and its HSN or SAC code.
- 0%
- 0.1%
- 3%
- 5%
- 12%
- 18%
- 28%
Forms
Commonly used statutory forms
Income Tax
- ITR-1 to ITR-7
- Income tax returns, by taxpayer type
- Form 3CA / 3CB / 3CD
- Tax audit report and statement of particulars
- Form 10B / 10BB
- Audit report of charitable and religious trusts
- Form 15CA / 15CB
- Foreign remittance declaration and CA certificate
- Form 26AS / AIS
- Annual tax credit and information statements
GST
- GSTR-1 / IFF
- Statement of outward supplies
- GSTR-3B
- Monthly or quarterly summary return
- GSTR-9 / 9C
- Annual return and reconciliation statement
- GSTR-2B
- Auto-drafted input tax credit statement
- RFD-01
- Application for refund
Companies & LLPs
- AOC-4 / MGT-7
- Financial statements and annual return of a company
- ADT-1
- Appointment of auditor
- DIR-3 KYC
- Annual KYC of directors
- Form 11 / Form 8
- Annual return and statement of accounts of an LLP
- INC-20A
- Declaration of commencement of business
Links
Official portals
Links open the respective government or regulator website in a new tab.
What's new
Latest notes
The rates above are general and subject to amendment by each Finance Act and by notification. They are provided for reference and are not advice; confirm the position applicable to your case with Beo & Co, Chartered Accountants or the relevant statute before acting on it.