Indian income tax guides by income type

Capital Gains Tax in India

STCG at 20%, LTCG at 12.5% on equity. First ₹1.25 lakh LTCG is exempt.

Capital gains from equity, mutual funds, property, and gold must be reported in Schedule CG of ITR-2. Budget 2024 revised STCG to 20% and LT…

F&O Trading Tax & ITR Filing

F&O income is non-speculative business income. Must be filed in ITR-3.

Futures and options income is classified as non-speculative business income under Section 43(5). It must be reported in ITR-3 (Schedule BP).…

NRI ITR Filing in India

NRIs with Indian income above ₹2.5 lakh must file ITR-2. DTAA benefits available.

Non-Resident Indians (NRIs) with Indian-sourced income above ₹2.5 lakh must file ITR-2 in India. NRO interest is taxable, NRE/FCNR is exempt…

ESOP & RSU Tax Filing in India

Perquisite tax at exercise, capital gains tax at sale. Two separate tax events.

ESOPs are taxed at two points: perquisite tax when you exercise options (or RSUs vest), and capital gains tax when you sell the shares. The …

Freelancer & Consultant ITR

50% of gross receipts deemed as profit. File ITR-4. No books of account needed.

Freelancers and professionals with gross receipts up to ₹75 lakh can use Section 44ADA presumptive taxation — 50% of receipts is deemed inco…

Crypto & VDA Tax Filing

Flat 30% tax on all crypto gains. No set-off of losses. Schedule VDA in ITR-2.

All Virtual Digital Asset (VDA) income — crypto, NFTs — is taxed at a flat 30% under Section 115BBH. No deduction except cost of acquisition…

Belated Return Filing

Missed 31 July or 31 August? You can still file by 31 December 2026.

Missed your ITR due date for FY 2025-26? You can still file a belated return under Section 139(4) up to 31 December 2026 — same forms, same …