Priya Rao

Step-by-step walk-through for salaried India: read Form 16 (Section 203 + Rule 31), reconcile with Form 26AS/AIS/TIS, pick ITR-1 (now allows two house properties + LTCG up to Rs.1.25L), choose new vs old regime, claim Sec 87A rebate (Rs.60K up to Rs.12L), and e-Verify in 30 days. Due 31 July 2026.

Sukanya Samriddhi Yojana pays 8.2% for Apr-Jun 2026 (compounded yearly, EEE tax-free). Min Rs 250, max Rs 1.5L per year. Deposit for 15 years; account matures at 21. The 2024 grandparent rule, partial withdrawal at 18, and a worked corpus calculation under Sec 80C + Sec 10(11A).

ITR submitted is not ITR filed. You have 30 days from submission to e-Verify (CBDT Notif 5/2022) using one of six methods: Aadhaar OTP, net banking, bank-account EVC, demat-account EVC, ATM EVC, or physical ITR-V to CPC Bengaluru 560500 by speed post only (date of dispatch counts). Don't miss it.