Utilities
Tax rates, reference tables and calculators, updated for tax year 2026-27 under the Income-tax Act, 2025. For general information; verify before acting.
Rates
Calculators
Income tax rates: tax year 2026-27
Rates for 1 April 2026 to 31 March 2027 under the Income-tax Act, 2025. The Finance Act, 2026 kept the slabs unchanged from the previous year.
New tax regime (default) for individuals and HUFs
| Taxable income | Rate |
|---|---|
| Up to ₹4,00,000 | Nil |
| ₹4,00,001 to ₹8,00,000 | 5% |
| ₹8,00,001 to ₹12,00,000 | 10% |
| ₹12,00,001 to ₹16,00,000 | 15% |
| ₹16,00,001 to ₹20,00,000 | 20% |
| ₹20,00,001 to ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
Old tax regime for individuals
| Taxable income | Below 60 years | 60 to 79 years | 80 years and above |
|---|---|---|---|
| Up to ₹2,50,000 | Nil | Nil | Nil |
| ₹2,50,001 to ₹3,00,000 | 5% | Nil | Nil |
| ₹3,00,001 to ₹5,00,000 | 5% | 5% | Nil |
| ₹5,00,001 to ₹10,00,000 | 20% | 20% | 20% |
| Above ₹10,00,000 | 30% | 30% | 30% |
Rebate, standard deduction and cess
| Item | Amount |
|---|---|
| Rebate (new regime) | Up to ₹60,000, so no tax where taxable income does not exceed ₹12,00,000 (resident individuals; marginal relief above) |
| Rebate (old regime) | Up to ₹12,500 where taxable income does not exceed ₹5,00,000 (resident individuals) |
| Standard deduction (salary and pension) | ₹75,000 in the new regime; ₹50,000 in the old regime |
| Health and education cess | 4% of income tax and surcharge |
Surcharge for individuals and HUFs
| Total income | New regime | Old regime |
|---|---|---|
| Above ₹50 lakh up to ₹1 crore | 10% | 10% |
| Above ₹1 crore up to ₹2 crore | 15% | 15% |
| Above ₹2 crore up to ₹5 crore | 25% | 25% |
| Above ₹5 crore | 25% | 37% |
Surcharge on capital gains taxed at special rates and on dividends is capped at 15%.
Firms, LLPs and companies
| Taxpayer | Rate | Note |
|---|---|---|
| Partnership firm and LLP | 30% | Surcharge 12% where income exceeds ₹1 crore |
| Domestic company: optional concessional regime | 22% | Surcharge 10%; most deductions and incentives not available |
| Domestic company: turnover up to ₹400 crore in the relevant earlier year | 25% | Surcharge 7% above ₹1 crore, 12% above ₹10 crore |
| Other domestic companies | 30% | Surcharge 7% above ₹1 crore, 12% above ₹10 crore |
| Foreign company | 35% | Surcharge 2% above ₹1 crore, 5% above ₹10 crore |
Capital gains
| Type of gain | Rate |
|---|---|
| Short-term gains on listed equity shares and equity mutual funds (STT paid) | 20% |
| Long-term gains on listed equity shares and equity mutual funds (STT paid) | 12.5% on gains above ₹1,25,000 in a year |
| Other long-term capital gains | 12.5% without indexation |
| Land or building acquired before 23 July 2024 (resident individuals and HUFs) | Option of 20% with indexation, if lower |
| Other short-term capital gains | Slab or normal rates |
| Virtual digital assets (crypto) | 30% on gains; no set-off of losses |
Long-term holding period: more than 12 months for listed securities and equity-oriented units; more than 24 months for other assets.
Rates are before surcharge and 4% health and education cess unless stated. As at October 2026.
TDS rates for payments to residents
From 1 April 2026, tax on salary is deducted under Section 392 and tax on other payments to residents under Section 393(1) of the Income-tax Act, 2025. The earlier section numbers under the Income-tax Act, 1961 are shown for reference.
| Section (2025 Act) | Earlier section | Nature of payment | Threshold | Rate |
|---|---|---|---|---|
| 392 | 192 | Salary | Income above the basic exemption limit | Average rate of tax on estimated salary |
| 392 | 192A | Premature withdrawal from Employees’ Provident Fund | ₹50,000 | 10% |
| 393(1) | 193 | Interest on securities | ₹10,000 | 10% |
| 393(1) | 194 | Dividends | ₹10,000 in a year | 10% |
| 393(1) | 194A | Interest from banks, co-operative banks and post office | ₹50,000 in a year (₹1,00,000 for senior citizens) | 10% |
| 393(1) | 194A | Interest from others | ₹10,000 in a year | 10% |
| 393(1) | 194B | Winnings from lotteries, crossword puzzles and card games | ₹10,000 per transaction | 30% |
| 393(1) | 194BA | Winnings from online games | Net winnings | 30% |
| 393(1) | 194BB | Winnings from horse races | ₹10,000 per transaction | 30% |
| 393(1) | 194C | Payments to contractors: individuals and HUFs | ₹30,000 per payment or ₹1,00,000 in a year | 1% |
| 393(1) | 194C | Payments to contractors: others | ₹30,000 per payment or ₹1,00,000 in a year | 2% |
| 393(1) | 194D | Insurance commission: payee other than a company | ₹20,000 in a year | 2% |
| 393(1) | 194D | Insurance commission: payee is a company | ₹20,000 in a year | 10% |
| 393(1) | 194DA | Life insurance policy payouts (on the income portion) | ₹1,00,000 | 2% |
| 393(1) | 194EE | Withdrawals from National Savings Scheme | ₹2,500 | 10% |
| 393(1) | 194G | Commission on sale of lottery tickets | ₹20,000 in a year | 2% |
| 393(1) | 194H | Commission or brokerage | ₹20,000 in a year | 2% |
| 393(1) | 194-I | Rent of plant, machinery or equipment | ₹50,000 per month or part of a month | 2% |
| 393(1) | 194-I | Rent of land, building or furniture | ₹50,000 per month or part of a month | 10% |
| 393(1) | 194-IA | Purchase of immovable property (other than agricultural land) from a resident | Consideration of ₹50,00,000 or more | 1% |
| 393(1) | 194-IB | Rent paid by individuals and HUFs not liable to tax audit | ₹50,000 per month or part of a month | 2% |
| 393(1) | 194-IC | Payments under a joint development agreement | No threshold | 10% |
| 393(1) | 194J | Fees for technical services, royalty for films, call centres | ₹50,000 in a year | 2% |
| 393(1) | 194J | Fees for professional services and other royalty | ₹50,000 in a year | 10% |
| 393(1) | 194J | Remuneration to directors (other than salary) | No threshold | 10% |
| 393(1) | 194K | Income from mutual fund units | ₹10,000 in a year | 10% |
| 393(1) | 194LA | Compensation on compulsory acquisition of immovable property | ₹5,00,000 | 10% |
| 393(1) | 194M | Contract, commission or professional payments by individuals and HUFs not under 194C/194H/194J | ₹50,00,000 in a year | 2% |
| 393(1) | 194N | Cash withdrawals from bank, co-operative bank or post office | Above ₹1 crore in a year (₹3 crore for co-operative societies) | 2% |
| 393(1) | 194-O | Payments by e-commerce operators to sellers | ₹5,00,000 in a year for individual and HUF sellers | 0.1% |
| 393(1) | 194Q | Purchase of goods (buyer’s turnover above ₹10 crore) | Purchases above ₹50,00,000 in a year from a seller | 0.1% |
| 393(1) | 194R | Benefits or perquisites from business or profession | ₹20,000 in a year | 10% |
| 393(1) | 194S | Transfer of virtual digital assets | ₹50,000 in a year for specified persons; ₹10,000 for others | 1% |
| 393(1) | 194T | Salary, remuneration, interest or commission paid by a firm to its partners | ₹20,000 in a year | 10% |
Where the payee has not furnished a PAN, tax is generally deducted at 20% or the applicable rate, whichever is higher (5% for purchases of goods and e-commerce payments). Challans and TDS returns now use payment codes in place of section numbers; use the code shown in the return utility or on the income tax portal.
Tax year 2026-27. As at October 2026. Thresholds are per payee unless stated.
TDS rates for payments to non-residents
Tax on payments to non-residents is deducted under Section 393(2) of the Income-tax Act, 2025 (Section 195 and related sections of the 1961 Act). The rates below are increased by surcharge and 4% cess.
| Nature of payment | Rate |
|---|---|
| Long-term capital gains on listed equity shares and equity mutual funds (STT paid), above ₹1,25,000 | 12.5% |
| Short-term capital gains on listed equity shares and equity mutual funds (STT paid) | 20% |
| Other long-term capital gains (including immovable property) | 12.5% |
| Other short-term capital gains | 30% (35% for a foreign company) |
| Interest on money borrowed in foreign currency | 20% |
| Royalty and fees for technical services | 20% |
| Dividends | 20% |
| Income of non-resident sportspersons and entertainers | 20% |
| Winnings from lotteries, crossword puzzles, card games and online games | 30% |
| Any other income | 30% (35% for a foreign company) |
A lower rate under a tax treaty (DTAA) can apply if the non-resident furnishes a Tax Residency Certificate and Form 10F. A buyer purchasing property from an NRI deducts tax under these provisions, not at 1%. A lower or nil deduction certificate can be obtained from the Assessing Officer.
Tax year 2026-27. As at October 2026.
Small savings interest rates
Interest rates on Post Office and other small savings schemes for October to December 2026, as announced by the Ministry of Finance. Rates are reviewed every quarter.
| Scheme | Rate per year | Note |
|---|---|---|
| Post Office Savings Account | 4.0% | |
| 1-year Time Deposit | 6.9% | Interest paid quarterly, compounded |
| 2-year Time Deposit | 7.0% | |
| 3-year Time Deposit | 7.1% | |
| 5-year Time Deposit | 7.5% | |
| 5-year Recurring Deposit | 6.7% | |
| Senior Citizens Savings Scheme (SCSS) | 8.2% | Interest paid quarterly |
| Monthly Income Scheme (MIS) | 7.4% | Interest paid monthly |
| National Savings Certificate (NSC) | 7.7% | Compounded annually, paid on maturity after 5 years |
| Public Provident Fund (PPF) | 7.1% | Compounded annually |
| Kisan Vikas Patra (KVP) | 7.5% | Doubles in 115 months |
| Sukanya Samriddhi Yojana (SSY) | 8.2% | Compounded annually |
Quarter: October to December 2026. The next review is due for the January to March 2027 quarter.
Depreciation rates under the Income-tax Act
Depreciation under Section 33 of the Income-tax Act, 2025, at the rates in Appendix I to the Income-tax Rules, 2026, on the written down value of each block of assets. The rates are the same as under the 1961 Act.
| Block of assets | Rate |
|---|---|
| Buildings used mainly for residential purposes (other than hotels and boarding houses) | 5% |
| Other buildings, including factories, offices and hotels | 10% |
| Purely temporary structures such as wooden constructions | 40% |
| Furniture and fittings, including electrical fittings | 10% |
| Plant and machinery (general rate) | 15% |
| Motor cars, other than those used in a business of running them on hire | 15% |
| Motor buses, lorries and taxis used in a business of running them on hire | 30% |
| Computers, including computer software | 40% |
| Books owned by professionals: annual publications or for lending libraries | 40% |
| Energy-saving and renewable energy devices | 40% |
| Aeroplanes and aero engines | 40% |
| Ocean-going ships and vessels | 20% |
| Intangible assets: know-how, patents, copyrights, trademarks, licences, franchises | 25% |
Assets put to use for less than 180 days in the year of acquisition get half the normal rate. Goodwill is not a depreciable asset.
As at October 2026.
Useful lives under the Companies Act
Useful lives of assets under Schedule II to the Companies Act, 2013, used to compute depreciation in a company’s financial statements. A company may use a different useful life if it is justified and disclosed.
| Asset | Useful life |
|---|---|
| Buildings other than factory buildings, with RCC frame structure | 60 years |
| Buildings other than factory buildings, without RCC frame structure | 30 years |
| Factory buildings | 30 years |
| Fences, wells and tube wells | 5 years |
| Other buildings, including temporary structures | 3 years |
| Plant and machinery (general, other than continuous process plant) | 15 years |
| Continuous process plant | 25 years |
| Furniture and fittings | 10 years |
| Office equipment | 5 years |
| Computers: end-user devices such as desktops and laptops | 3 years |
| Computers: servers and networks | 6 years |
| Electrical installations and equipment | 10 years |
| Motor cycles, scooters and other mopeds | 10 years |
| Motor cars and other vehicles, not used in a business of running them on hire | 8 years |
| Motor buses, lorries, cars and taxis used in a business of running them on hire | 6 years |
As at October 2026.
Cost Inflation Index
Notified by the CBDT under Section 72(8)(a) of the Income-tax Act, 2025. The index for 2026-27 is 384, notified on 15 July 2026. The base year is 2001-02.
| Financial year | Index |
|---|---|
| 2001-02 | 100 |
| 2002-03 | 105 |
| 2003-04 | 109 |
| 2004-05 | 113 |
| 2005-06 | 117 |
| 2006-07 | 122 |
| 2007-08 | 129 |
| 2008-09 | 137 |
| 2009-10 | 148 |
| 2010-11 | 167 |
| 2011-12 | 184 |
| 2012-13 | 200 |
| 2013-14 | 220 |
| 2014-15 | 240 |
| 2015-16 | 254 |
| 2016-17 | 264 |
| 2017-18 | 272 |
| 2018-19 | 280 |
| 2019-20 | 289 |
| 2020-21 | 301 |
| 2021-22 | 317 |
| 2022-23 | 331 |
| 2023-24 | 348 |
| 2024-25 | 363 |
| 2025-26 | 376 |
| 2026-27 | 384 |
For an asset acquired before 1 April 2001, the cost can be taken as its fair market value on that date. Try the capital gains indexation calculator.
ROC fee structure
Fees for filing forms with the Registrar of Companies under the Companies (Registration Offices and Fees) Rules, 2014, as amended.
Normal filing fee (companies with share capital)
| Nominal share capital | Fee per form |
|---|---|
| Less than ₹1,00,000 | ₹200 |
| ₹1,00,000 to ₹4,99,999 | ₹300 |
| ₹5,00,000 to ₹24,99,999 | ₹400 |
| ₹25,00,000 to ₹99,99,999 | ₹500 |
| ₹1,00,00,000 or more | ₹600 |
| Companies without share capital | ₹200 |
Additional fee for delayed filing
| Period of delay | Additional fee |
|---|---|
| Up to 30 days | 2 times the normal fee |
| More than 30 days, up to 60 days | 4 times |
| More than 60 days, up to 90 days | 6 times |
| More than 90 days, up to 180 days | 10 times |
| More than 180 days | 12 times |
- Late filing of financial statements (AOC-4) and annual return (MGT-7 / MGT-7A): additional fee of ₹100 per day of delay.
- LLP annual filings (Form 8 and Form 11): additional fee of ₹100 per day of delay.
- Incorporation through SPICe+: no registration fee for companies with authorised capital up to ₹15,00,000.
As at October 2026. Confirm the fee shown on the MCA portal before filing.
IFSC and MICR codes
The Reserve Bank of India maintains the official list of IFSC and MICR codes for every bank branch. Search by bank, state, district and branch on the RBI website.
IFSC is an 11-character code used for NEFT, RTGS and IMPS. MICR is a 9-digit code printed on cheques.
GST calculator
Rate slabs as rationalised with effect from 22 September 2025 (0%, 5%, 18%, 40%, plus special rates of 0.25% and 3%).
Loan EMI and home loan calculator
Year-by-year repayment
Present value & future value
Income tax: new vs old regime
Slabs for tax year 2026-27 (unchanged by the Finance Act, 2026) for resident individuals below 60, with the Section 87A rebate and marginal relief near ₹12 lakh. Surcharge, special-rate income (capital gains) and age-based slabs are excluded. Verify the rates for the year you are filing.
HSN / SAC code finder
No match in this list. Search the full schedule on the CBIC GST portal, or contact the firm.
An indicative list of commonly searched codes. Rates depend on exact description, conditions and notifications, as revised from 22 September 2025. Verify on cbic-gst.gov.in before invoicing.
Number of instalments
How many monthly instalments it takes to repay a loan at a given EMI.
HRA exemption
Exempt House Rent Allowance under the old tax regime: the least of the actual HRA, rent paid minus 10% of salary, and 50% or 40% of salary depending on the city. Salary means basic pay plus dearness allowance forming part of retirement benefits.
From tax year 2026-27, the Income-tax Rules, 2026 extend the 50% limit to Pune, Bengaluru, Hyderabad and Ahmedabad, in addition to Mumbai, Delhi, Kolkata and Chennai. HRA exemption is not available in the new tax regime.
National Savings Certificate (NSC)
Maturity value of NSC (VIII Issue) over 5 years, with interest compounded annually and paid on maturity.
The rate applicable on the date of purchase continues until maturity. Under the old regime, the investment qualifies for deduction within the overall limit, and the interest of the first four years is treated as reinvested.
Kisan Vikas Patra (KVP)
At the current rate of 7.5% compounded annually, a KVP doubles the amount invested in 115 months (9 years and 7 months).
Interest is taxable each year on an accrual basis or on maturity, as chosen consistently. Premature encashment is allowed after 2 years and 6 months, at a reduced value.
Capital gains with indexation
For land or a building acquired before 23 July 2024, a resident individual or HUF can pay the lower of 12.5% without indexation and 20% with indexation. This calculator compares the two using the Cost Inflation Index.
Tax shown before surcharge and cess, and before exemptions for reinvestment. Expenses on transfer and improvement are not included; add them to the cost if applicable.
These rates and calculators are general information and give estimates only. Actual liability depends on your facts, the options you choose and the law in force. For your own case, contact the firm or read the guides.