India
Tax authority: Income Tax Department (direct taxes) and GST Network (GST). Tax year (1 April to 31 March).
Main taxes
Income tax
Tax on income of individuals, HUFs, firms, companies and others, with a new regime (default) and an old regime for individuals.
Goods and Services Tax (GST)
Tax on most supplies of goods and services, mainly at 5%, 18% or 40% from 22 September 2025.
Latest pages
Advance tax: who pays and when
If your tax for the year will be ₹10,000 or more after TDS, you pay it in instalments during the year: 15% by 15 June, 45% by 15 September, 75% by 15 December and 100% by 15 March.
✓ VerifiedLast verified:Customs duty-free baggage allowance (Baggage Rules 2026)
From 2 February 2026, residents and Indian-origin tourists flying into India can bring goods worth up to ₹75,000 duty-free. Foreign tourists get ₹25,000. Jewellery limits now go by weight: 40 g for women, 20 g for others.
✓ VerifiedLast verified:Sending money abroad: LRS limit and TCS from 1 April 2026
Resident individuals can send up to USD 2,50,000 abroad each financial year under the Liberalised Remittance Scheme. From 1 April 2026, TCS is 2% for education or medical and 20% for other purposes, on amounts above ₹10 lakh.
✓ VerifiedLast verified:FSSAI food registration and licences
Which FSSAI registration or licence a food business needs under the March 2026 turnover limits, what each costs a year, and the 31 May annual return.
✓ VerifiedLast verified:Indian tax glossary
Plain-English meanings of common Indian tax words, from AIS and assessment year to TDS, TAN, GSTIN, input tax credit and the new tax year, with links to the full guides.
✓ VerifiedLast verified:When you need GST registration
GST registration turnover limits: ₹40 lakh for suppliers of goods only, the services threshold, the composition scheme limit and quarterly filing under QRMP.
✓ VerifiedLast verified:GST returns: which ones and when
GSTR-1 by the 11th, GSTR-3B by the 20th, or quarterly under QRMP. Composition dealers file CMP-08 and GSTR-4. Covers due dates, late fees, and the GSTR-1A fix for wrong figures.
✓ VerifiedLast verified:Income tax deductions: 80C, 80D, NPS and more
The main deductions for FY 2025-26 with their caps: 80C, NPS, 80D health insurance, home loan interest, 80TTA/80TTB, 80G and more. Most need the old regime.
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