The 49Tax Blog
Indian Income Tax, Explained in Plain English
163+ practical guides on ITR filing, old vs new regime, deductions, capital gains, TDS, and tax planning — written for salaried professionals and investors in India.
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Latest Articles
13 October 2026
EPF Withdrawal Before 5 Years: How It Is Taxed, Section 192A TDS and What to Report in Your ITR (AY 2026-27)
Withdrew your PF before 5 years of service? Here is exactly what becomes taxable, how Section 192A TDS at 10% works, and how to report it in your ITR.
Read article →12 October 2026
Deductions Missing From Your Form 16? How to Claim 80C, 80D and HRA Directly in Your ITR (AY 2026-27)
Your employer ignored your 80C proofs or you missed the deadline? Here is how to claim those deductions yourself in your ITR for AY 2026-27.
Read article →11 October 2026
Money Received From Abroad: Is a Foreign Remittance Taxable in India? (AY 2026-27)
Money sent home by an NRI child, spouse or client is not automatically income. What is taxable, what is exempt, and the proof the department asks for.
Read article →10 October 2026
Notice Under Section 133(6): Why the Department Is Asking for Information and How to Reply (AY 2026-27)
A Section 133(6) notice asks for information, not tax. What triggers it, the Rs 500-a-day cost of ignoring it, and how to reply on the portal.
Read article →8 October 2026
Form 15CA and Form 15CB: When Sending Money Abroad Needs a CA Certificate (AY 2026-27)
When do you need Form 15CA and 15CB to remit money abroad? Exemptions for individuals, Part A to D rules, and the Rs 1 lakh penalty under Section 271-I.
Read article →7 October 2026
Mutual Fund Switches, STPs and IDCW: The Transactions That Trigger Tax Without Paying You Any Money (AY 2026-27)
Switching funds, running an STP or holding the IDCW option creates taxable events even when no money reaches your bank. Rules and examples for AY 2026-27.
Read article →6 October 2026
Income-tax Act, 2025: What Actually Changes for Individual Taxpayers
The Income-tax Act, 2025 replaced the 1961 Act from 1 April 2026. Here is what changed, what did not, and which law governs the return you file now.
Read article →5 October 2026
Schedule FA Explained: How to Report Foreign Assets in Your ITR (AY 2026-27)
Table-by-table guide to filling Schedule FA for AY 2026-27 - who must report, the calendar-year rule, RSUs and 401(k)s, and the Rs 10 lakh penalty.
Read article →4 October 2026
Capital Gains Account Scheme (CGAS): How to Open It, Which Forms to Use, and How to Close It Without Losing Your Exemption
A practical CGAS guide for AY 2026-27 - Account A vs Account B, Forms A to H, withdrawal and 60-day rules, interest taxability, and AO-approved closure.
Read article →Start Here
Essential Reads for Every Taxpayer
The fundamentals — how salary is taxed, which regime to pick, and where your money can be saved.
17 June 2026
How to Calculate Income Tax on Salary: Step-by-Step Guide with Examples (AY 2026-27)
Learn how to calculate your income tax on salary from scratch — gross salary to final tax payable — with worked examples under both regimes for AY 2026-27.
Read article →24 March 2026
Old Tax Regime vs New Tax Regime: Which Saves More in 2026?
A detailed comparison of India's old and new tax regimes for AY 2026-27. Includes tax slabs, deduction limits, and examples to help you pick the right one.
Read article →20 March 2026
How to Read Your Form 16: Every Section Explained
A plain-English breakdown of every part of Form 16 — Part A, Part B, salary details, deductions, and TDS. Know exactly what your employer reported.
Read article →25 March 2026
ITR-1 vs ITR-2: Which Form Should You File?
Confused between ITR-1 and ITR-2? This guide explains who should file which form, the key differences, and how to decide based on your income sources.
Read article →22 March 2026
Section 80C Deductions: Complete List & Guide for 2026
Everything you need to know about Section 80C tax deductions — eligible investments, limits, and how to claim them in your ITR for AY 2026-27.
Read article →21 March 2026
Capital Gains Tax on Stocks & Mutual Funds: ITR-2 Guide
How capital gains from stocks, mutual funds, and other assets are taxed in India. Covers STCG, LTCG, exemptions, and how to report them in ITR-2.
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