Statutory Rates, Withholding Schedules (TDS u/s 195), and Corporate Acts Directory
Income Tax Slab Rates (New Regime u/s 115BAC vs Old Regime AY 2026-27)
| Income Range | New Tax Regime (Default) | Old Tax Regime (Individuals) | Applicable Rebate / Notes |
|---|---|---|---|
| Up to ₹2,50,000 | NIL | NIL | Exempt for all categories |
| ₹2,50,001 to ₹3,00,000 | NIL | 5% (with 87A rebate) | Old regime tax exempt up to ₹5 Lakhs |
| ₹3,00,001 to ₹7,00,000 | 5% (with 87A rebate) | 5% up to ₹5L; 20% ₹5L-₹7L | Zero tax in New Regime if taxable income ≤ ₹7L |
| ₹7,00,001 to ₹10,00,000 | 10% | 20% | New Regime provides 10% lower tax bracket |
| ₹10,00,001 to ₹12,00,000 | 15% | 30% | New Regime saves substantial tax |
| ₹12,00,001 to ₹15,00,000 | 20% | 30% | New Regime offers 20% vs 30% Old Regime |
| Above ₹15,00,000 | 30% | 30% | Health & Education Cess @ 4% applicable on all |
TDS Withholding Tax Rates & Section 195 Non-Resident Provisions
| Section | Nature of Payment | Threshold Limit | Standard TDS Rate |
|---|---|---|---|
| 194C | Payments to Contractors / Sub-contractors | ₹30,000 single / ₹1,00,000 aggregate | 1% (Individual/HUF) / 2% (Others) |
| 194J | Fees for Professional or Technical Services | ₹30,000 | 2% (FTS / Call Center) / 10% (Prof. Fees) |
| 194I | Rent for Land, Building, Furniture | ₹2,40,000 per annum | 10% (Building) / 2% (Plant & Machinery) |
| 194H | Commission or Brokerage | ₹15,000 per annum | 5% |
| 194Q | Purchase of Goods | ₹50,00,000 in a year | 0.1% |
| 195 | Payment to Non-Resident / Expatriates (NRI) | No threshold (Every rupee) | 20% - 30% + Surcharge (or DTAA treaty rate) |
Historical Cost Inflation Index (CII) for Long-Term Capital Gains
| Financial Year | CII Value | Financial Year | CII Value |
|---|---|---|---|
| 2025-2026 | 377 | 2015-2016 | 254 |
| 2024-2025 | 363 | 2014-2015 | 240 |
| 2023-2024 | 348 | 2013-2014 | 220 |
| 2022-2023 | 331 | 2012-2013 | 200 |
| 2021-2022 | 317 | 2011-2012 | 184 |
| 2020-2021 | 301 | 2010-2011 | 167 |
| 2019-2020 | 289 | 2005-2006 | 117 |
| 2018-2019 | 280 | 2001-2002 (Base Year) | 100 |
Ministry of Corporate Affairs (MCA) ROC Filing Fee Structure
| Nominal Share Capital | Normal Filing Fee | Delay Period (up to 30 days) | Delay Period (above 180 days) |
|---|---|---|---|
| Less than ₹1,00,000 | ₹200 | 2 times normal fee | 12 to 18 times normal fee |
| ₹1,00,000 to ₹4,99,999 | ₹300 | 2 times normal fee | 12 to 18 times normal fee |
| ₹5,00,000 to ₹24,99,999 | ₹400 | 2 times normal fee | 12 to 18 times normal fee |
| ₹25,00,000 to ₹99,99,999 | ₹500 | 2 times normal fee | 12 to 18 times normal fee |
| ₹1,00,00,000 or more | ₹600 | 2 times normal fee | 12 to 18 times normal fee |
Primary Acts & Statutory Legislation We Practice
Income Tax Act, 1961
Statutory assessment, deductions, capital gains, TDS, transfer pricing, and appellate appeals.
Companies Act, 2013
Incorporation, board meetings, ROC secretarial filings, audit requirements, and corporate governance.
CGST & SGST Act, 2017
Unified indirect tax law on goods and services, input credit, supply valuation, and e-invoicing.
LLP Act, 2008
Formations, designated partners, contribution changes, and annual filing under Form 8 & 11.
FEMA, 1999
Foreign exchange transactions, non-resident repatriation, Form 15CA/CB, and foreign investments.
Chartered Accountants Act
Upholding ICAI ethical standards, auditing guidelines, and independence in assurance.