GST, income tax slabs (new vs old regime), PAN card, TDS — India's complete tax guide.
| Income (₹) | Rate |
|---|---|
| ₹0 — ₹3,00,000 | 0% |
| ₹3,00,001 — ₹7,00,000 | 5% |
| ₹7,00,001 — ₹10,00,000 | 10% |
| ₹10,00,001 — ₹12,00,000 | 15% |
| ₹12,00,001 — ₹15,00,000 | 20% |
| ₹15,00,001+ | 30% |
• Goods & Services Tax (replaced 17 taxes in 2017!)
•
Slabs: 0%, 5%, 12%, 18%, 28%
• Food (basic): 0%. Restaurant: 5%.
Electronics: 18%. Luxury: 28%
• One nation, one tax!
• Permanent Account Number — essential!
• 10-digit alphanumeric ID
•
Linked to Aadhaar
• Needed for: bank accounts, tax filing, investments, property
•
Apply at NSDL/UTIITSL
• TDS: Tax Deducted at Source (employer deducts)
• 80C:
₹1.5L deduction (PPF, ELSS, LIC) — old regime
• 80D: Health insurance
premium deduction
• HRA: House Rent Allowance exempt
• ITR
Filing: Jul 31 deadline. E-filing at incometax.gov.in