Skip to main content
Toolisky - Free Indian Tax and Finance Calculators

Blog

Guides and explainers on tax, salary, and finance rules in India, kept current for Tax Year 2026–27.

income-tax
Trending

CBDT Notified Slabs FY 2025-26: New vs Old Tax Regime

CBDT notified slabs FY 2025-26 explained: new vs old regime rates, ₹12 lakh Section 87A rebate, marginal relief, and worked examples.

salary-payroll
Trending

DA Arrears for Central Government Employees 2026: Rates, 8th CPC & Tax Rules

DA arrears for central government employees: current 60% DA, expected 63% July 2026 hike, 8th CPC status, 18-month freeze rule, and Form 10E tax relief steps.

salary-payroll
Trending

How to Calculate Salary Arrears: Step-by-Step Guide (2026)

How to Calculate Salary Arrears: step-by-step formula, DA & HRA examples, Form 10E relief, and a free calculator for FY 2025-26 (AY 2026-27).

income-tax
Trending

Who Is NOT Eligible for Section 87A Rebate? Full List (FY 2025-26)

Who is not eligible for Section 87A rebate? NRIs, HUFs, AOPs and super senior citizens with LTCG or STCG income are excluded: full FY 2025-26 list inside.

income-tax
Trending

Section 44AD Lock-In Penalty: What Happens If You Exit Early (2026)

Section 44AD lock-in penalty explained: the 5-year re-entry bar, when Section 44AB audit kicks in, and the real ₹ cost of exiting early in FY 2025-26.

Anita Patil··12 min read
income-tax
Trending

ITR-1 vs ITR-4: Which Should You File for AY 2026-27?

ITR-1 vs ITR-4 for AY 2026-27 explained with real rupee examples, eligibility tables, exact deadlines, and the single rule that truly separates the two forms.

income-tax

Section 87A Income Tax Act Rebate: ₹60,000 Limit for FY 2025-26

Section 87A of the Income Tax Act, 1961 explained for FY 2025-26: Rs 60,000 rebate, marginal relief, capital gains rules, and how to claim it in your ITR.

salary-payroll
Trending

Arrear vs Arrears: Is There Really a Difference? (2026)

Arrear vs arrears: the real grammar rule explained in plain English, with payslip, rent, and Section 89(1) tax examples so you never mix the two up again.

income-tax
Trending

₹12 Lakh = ₹0 Tax. What Tax Do You Pay at ₹12.1 Lakh? (Section 87A Marginal Relief)

Tax on 12.1 lakh income in FY 2025-26 is ₹10,400 with Section 87A marginal relief, not ₹61,500 or the wrong ₹25,000 some sites show. Full slab math and table.

Free
Tools to use
No Account
Required
Clear
Results and guidance
India
Focused calculators