For Salaried Employees
Pay Less Tax, Keep More Salary
ITR filing, Form 16 processing, HRA exemption, 80C deductions, old vs new regime advisory — expert CA guidance for every salaried professional.
CA/CS
Qualified Team
Both
Regimes Compared
Online
End-to-End Process
Jul 31
Filing Deadline
✓ Form 16 Processing
✓ HRA & LTA Exemption
✓ Old vs New Regime Advisory
✓ Home Loan Tax Benefits
✓ NPS & 80CCD Deductions
File Your ITR & Save Maximum Tax
Drop your details — our CA will review your Form 16, recommend the right regime, identify missed deductions, and file your ITR accurately.
What We Do For Salaried Professionals
Salaried Services — All in One Place
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Annual Filing
ITR-1 / ITR-2 Filing
Complete income tax return for salaried employees with Form 16. Covers salary, HRA, 80C, home loan, and other income. Verified by CA before submission.
File ITR Now
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Form 16
Form 16 Processing
We decode your Form 16 (Part A & B), validate TDS against Form 26AS, identify mismatches, and ensure all employer-deducted TDS is correctly credited.
Process Form 16
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Exemptions
HRA Exemption Calculation
Accurate HRA exemption under Section 10(13A). We calculate the minimum of: actual HRA received, rent paid minus 10% of salary, or 50%/40% of basic — ensuring maximum benefit.
Included in ITR filing
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Deductions
Section 80C Tax Planning
Maximise your ₹1.5 lakh 80C limit with ELSS, PPF, LIC, NSC, home loan principal, children’s tuition. We advise the best mix for your risk profile and tax bracket.
Plan Deductions
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Home Loan
Home Loan Tax Benefits
Section 24(b) interest deduction (₹2 lakh for self-occupied), Section 80C principal repayment, and Section 80EEA for first-time buyers whose loan was sanctioned by 31 March 2022. All three are old-regime claims.
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Planning
Year-Round Tax Planning
NPS (80CCD), health insurance (80D), education loan (80E), donations (80G), savings bank interest (80TTA). Full deduction audit to ensure nothing is missed.
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Regime Comparison
Old vs New Tax Regime — Which Saves More?
From FY 2023-24, the new regime is the default. Here’s a direct comparison to help you choose.
Basic Exemption Limit
Old Regime: ₹2.5 lakh (below 60) · New Regime (Default): ₹4 lakh from FY 2025-26.
Tax-Free (Rebate u/s 87A)
Old Regime: up to ₹5 lakh income · New Regime: up to ₹12 lakh income (₹12.75 lakh for salaried, after the ₹75,000 standard deduction) from FY 2025-26.
Standard Deduction
Old Regime: ₹50,000 · New Regime: ₹75,000 (from FY 2024-25).
HRA Exemption
Old Regime: ✅ Available · New Regime: ❌ Not available.
Section 80C (₹1.5L)
Old Regime: ✅ Available · New Regime: ❌ Not available.
Home Loan Interest (24b)
Old Regime: ✅ Up to ₹2 lakh · New Regime: ❌ Not available (let-out only).
NPS Employer (80CCD-2)
Old Regime: ✅ Available · New Regime: ✅ Available.
Best For
Old Regime: high deductions (HRA + 80C + Home Loan) · New Regime: low/no deductions, simple filing.
Tax Saving Opportunities
Don’t Miss These Deductions
Section 80C — ₹1.5 Lakh Limit
PPF, ELSS mutual funds, LIC premium, EPF, NSC, home loan principal, children’s tuition fees — any combination up to ₹1.5 lakh.
Section 80D — Health Insurance
₹25,000 premium for self + family. Additional ₹25,000-50,000 for senior citizen parents. Total deduction up to ₹1 lakh possible.
Section 80CCD(1B) — NPS Extra ₹50,000
Additional ₹50,000 deduction for voluntary NPS contributions, over and above the ₹1.5 lakh 80C limit. Old regime only; worth most in the higher slabs.
Section 80E — Education Loan Interest
100% deduction on interest paid on education loan for higher studies (self, spouse, children) for up to 8 consecutive years. No monetary cap.
HRA Exemption — Section 10(13A)
If you pay rent and receive HRA from your employer, claim the exemption (old regime only). Keep rent receipts and the rent agreement; the landlord’s PAN is required when annual rent exceeds ₹1 lakh.
Section 80G — Charitable Donations
Donations to PMCARES, PM Relief Fund, Swachh Bharat, and approved charities qualify for 50%-100% deduction. Keep receipts with charity 80G registration number.
Your Compliance Map
What Applies to a Salaried Taxpayer
Salary TDS does not end your obligations. Here is everything a salaried person meets in a year — what is mandatory, and what switches on only when you rent, invest, sell shares or hold foreign stock.
| Obligation | Applies when | Due | Law | Status |
|---|---|---|---|---|
| Income tax returnITR-1 / ITR-2 | Gross total income above ₹4 lakh (new regime) or ₹2.5 lakh (old regime, below 60), or any foreign asset | 31 July 2026 for FY 2025-26 | Income-tax Act, 1961, s.139 (s.263 from tax year 2026-27) | Mandatory |
| E-verification of the return | Every return filed | Within 30 days of filing, or the verification date counts as the filing date | CBDT notification | Mandatory |
| Salary TDS certificateForm 16 → Form 130 | Employer deducts TDS on salary | Employer issues by 15 June; Form 16 for FY 2025-26, Form 130 from tax year 2026-27 (June 2027) | Rule 31 / Income-tax Rules, 2026 | Mandatory |
| AIS & Form 26AS check | Everyone — interest, dividends, share sales and rent are reported to the department | Before filing; give feedback on wrong entries in AIS | Income-tax portal | Recommended |
| Tax regime choice | Every salaried person; the new regime is the default | Declare to employer in April; final choice in an ITR filed by the due date | s.115BAC | Recommended |
| Investment declaration & proofsForm 12BB | You claim HRA, LTA, 80C, 80D or home loan interest through the employer (old regime) | Declaration in April; proofs as the employer asks, usually January–February | Rule 26C | If applicable |
| HRA exemption | You receive HRA, pay rent and stay in the old regime | Through payroll or in the ITR; landlord PAN if rent exceeds ₹1 lakh a year | s.10(13A) | If applicable |
| 80C / 80D / 80CCD(1B) deductions | Old regime only (employer NPS under 80CCD(2) works in both) | Pay or invest by 31 March of the year | Chapter VI-A | If applicable |
| Capital gains reportingITR-2 | Any short-term gain, equity LTCG above ₹1.25 lakh, or any sale of property or unlisted shares | With the ITR by 31 July | s.111A / 112 / 112A | If applicable |
| Advance tax | Tax on interest, rent or gains not covered by TDS is ₹10,000 or more | 15 June, 15 September, 15 December, 15 March | s.208 / 211 (s.408 under the 2025 Act) | If applicable |
| Self-assessment tax | Tax still payable after TDS and advance tax | Before you file the return | s.140A | If applicable |
| Foreign assets scheduleSchedule FA | Resident holding foreign-employer RSUs / ESOPs or a foreign bank account | With the ITR (ITR-2 needed) | Black Money Act, 2015 | If applicable |
| Arrears reliefForm 10E | You received salary arrears or advance salary | File Form 10E before the ITR | s.89 | If applicable |
| Belated / revised return | Missed 31 July, or found an error after filing | 31 December 2026 for FY 2025-26 | s.139(4) / 139(5) | If applicable |
| Updated returnITR-U | Income left out of an earlier return | Within 48 months of the end of the assessment year, with additional tax | s.139(8A) | If applicable |
The Income-tax Act, 2025 applies from tax year 2026-27. Your FY 2025-26 return, the Form 16 issued in June 2026 and the late fee for filing it late (section 234F) all remain under the 1961 Act; the late-fee provision becomes section 428 under the new Act.
FY 2026-27 Calendar
Your Year at a Glance
The dates a salaried taxpayer works to. Your employer deducts TDS every month; you act mainly in April (regime and investment declaration), January–February (proofs) and July (the return).
- Apr – JunQ1
- Declare your regime and planned investments to the employer
- Employers’ Q4 TDS statements for FY 2025-26 due — your AIS / 26AS fills in after this
- Form 16 for FY 2025-26 from your employer
- Advance tax — 15%, only if non-salary income needs it
- Jul – SepQ2
- ITR-1 / ITR-2 for FY 2025-26 — last date to choose the old regime
- E-verify within 30 days if you filed on 31 July
- Advance tax — 45% cumulative
- Oct – DecQ3
- Advance tax — 75% cumulative
- Last date for a belated or revised return for FY 2025-26
- Jan – MarQ4
- Advance tax — 100% of the year’s tax
- Last day for 80C, 80D and NPS payments that count for FY 2026-27 (old regime)
- Book equity gains up to ₹1.25 lakh if you harvest LTCG each year
What Goes Wrong
Mistakes That Cost Salaried Taxpayers
Most notices we see for salaried people come from a mismatch with AIS, the wrong ITR form, or a missed date — not from the salary itself.
Filing after 31 July
Beyond the late fee and interest, a late return cannot choose the old regime, and capital losses cannot be carried forward.
₹5,000 late fee (₹1,000 if income up to ₹5 lakh) + 1%/month interestIgnoring AIS entries
Savings interest, FD interest, dividends and share sales are already reported. Leaving them out triggers an adjustment or a demand notice.
Tax + interest; 50% penalty on under-reported incomeFiling ITR-1 when you need ITR-2
Short-term gains, equity LTCG above ₹1.25 lakh or foreign stock make ITR-1 invalid. The department issues a defective-return notice.
Return treated as invalid if not fixed within 15 daysNot disclosing foreign RSUs / ESOPs
Shares of a foreign parent company are foreign assets. A resident must report them in Schedule FA even if nothing was sold.
Penalty up to ₹10 lakh under the Black Money ActInflated HRA or 80C claims
Fake rent receipts and made-up deductions are the most common reason salaried returns are picked up for verification.
Penalty 200% of tax on misreported incomeNot e-verifying the return
A return not verified within 30 days is treated as filed on the date you verify it — which can make it late.
Late fee applies from the original due dateWorking With TaxClue
How It Works — and What We Need
Four steps
- Share your Form 16 and AISUpload them with any other income details — interest, rent, share or fund sales.
- We compare both regimesYour tax worked out under old and new regime, with a fixed fee quoted upfront.
- We prepare, you approve, we fileA CA reconciles everything with AIS / 26AS, picks the right ITR form and files it.
- E-verify and track the refundWe help you e-verify and answer any intimation or notice that follows.
Documents to keep ready
- PAN & Aadhaar (linked) and your income-tax portal login
- Form 16 (Part A & B) from every employer in the year
- AIS / TIS and Form 26AS
- Bank interest certificates and statements
- Rent receipts & rent agreementLandlord PAN if rent exceeds ₹1 lakh a year
- 80C / 80D / NPS proofs and home loan interest certificateOnly for the old regime
- Capital gains statement from your broker and mutual fund registrarIf you sold shares or funds
- RSU / ESOP statements from a foreign employerFor Schedule FA
Read the Detail
Salaried Tax Guides
Common Questions
Salaried Tax Filing — FAQs
It depends on your income and your total deductions. Since FY 2025-26 the new regime exempts income up to ₹4 lakh, has wider slabs, and its rebate makes income up to ₹12 lakh tax-free (₹12.75 lakh for salaried after the standard deduction) — so most people with modest deductions now pay less under it. The old regime wins only when HRA, 80C, home loan interest, 80D and NPS together are large enough, and the break-even point moves with your salary. TaxClue runs a side-by-side calculation for your specific numbers.
Yes, filing ITR is mandatory if your gross total income exceeds the basic exemption limit — ₹4 lakh under the new regime or ₹2.5 lakh under the old regime (below age 60) for FY 2025-26 — even if your employer deducted the correct TDS. It is also mandatory if you hold foreign assets such as foreign-employer RSUs, whatever your income. Filing also lets you: claim refund if excess TDS was deducted, declare other income (interest, rent, capital gains), carry forward losses, and apply for home loans or visas which require ITR acknowledgement.
Required: Form 16 (Part A & B) from employer, PAN card, Aadhaar, Form 26AS (download from income tax portal), AIS (Annual Information Statement). Optional but useful: bank statements showing interest income, home loan interest certificate, rent receipts for HRA, investment proofs for 80C (PPF passbook, ELSS statement, LIC receipts), health insurance premium receipts for 80D.
Yes, you can claim both HRA (Section 10(13A)) and home loan interest deduction (Section 24b) simultaneously — for example, if you own a property in another city and pay rent where you work. For a self-occupied property in the same city, you generally cannot claim HRA, but this is fact-specific. TaxClue’s CAs advise the correct approach for your situation to avoid notices.
For FY 2025-26 the due date for salaried individuals filing ITR-1 or ITR-2 is 31 July 2026. Missing it means a late fee under Section 234F of the 1961 Act of ₹5,000 (₹1,000 if total income is up to ₹5 lakh), interest on unpaid tax at 1% per month under Section 234A, no carry-forward of capital losses, and you lose the option to choose the old regime. A belated or revised return can be filed up to 31 December 2026.
ITR-1 covers a resident with total income up to ₹50 lakh from salary, up to two house properties, other sources and equity LTCG up to ₹1.25 lakh. You need ITR-2 if you have any short-term capital gain, equity LTCG above ₹1.25 lakh, a sale of property or unlisted shares, a capital loss to carry forward, more than two house properties, income above ₹50 lakh, foreign assets such as RSUs, or if you are a company director. Filing the wrong form leads to a defective-return notice.
Add both salaries in one return. Each employer usually gives you the standard deduction and applies the zero-tax slab on its own, so the combined TDS is often short and you owe tax when you file. Check that both employers’ TDS appears in Form 26AS, claim the standard deduction only once, and pay any balance as self-assessment tax before filing.
Only if tax on your other income — FD interest, rent, capital gains, dividends — is ₹10,000 or more after TDS. Then pay it in instalments: 15% by 15 June, 45% by 15 September, 75% by 15 December and 100% by 15 March. Missing them brings interest under sections 234B and 234C (sections 424 and 425 under the 2025 Act). A resident senior citizen with no business income does not have to pay advance tax.
Yes, if you have no business or professional income. A salaried person can choose afresh each year, but the old regime can only be chosen in a return filed by the due date — a belated return is taxed under the new regime. What you told your employer in April only decides monthly TDS; the choice in your ITR is final.
Not for FY 2025-26. That year’s Form 16 (issued by June 2026), ITR and any late fee stay under the 1961 Act. The new Act applies from tax year 2026-27, which began on 1 April 2026: from then Form 16 is replaced by Form No. 130, first issued in June 2027, and the late-fee provision becomes section 428. ITR-1 and ITR-2 keep their names.
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