Payroll tax guides for Indian employers
TDS on salary, Form 130 and Form 138 due dates, tax regimes, perquisites, gratuity and leave encashment for tax year 2026-27, with the new Income-tax Act sections.
All payroll pages (12)
- TDS on salary for FY 2026-27 (section 392, earlier 192)
TDS on salary for tax year 2026-27 under section 392 of the Income-tax Act, 2025 (earlier 192): how to estimate it, monthly working and a worked example.
- New vs old tax regime for salary TDS, FY 2026-27
New vs old tax regime for salary TDS in tax year 2026-27: both slab tables, rebates, how employees choose, the default, and examples where each one wins.
- Form 16 due date (now Form No. 130)
Form 16 due date for tax year 2026-27: now Form No
- Form 24Q due dates, late fee and penalty (now Form No. 138)
Form 24Q due dates for 2026-27 (now Form No
- Form 12BB investment declaration (now Form No. 124)
Form 12BB is now Form No
- TDS deposit due date on salary, and interest for delay
TDS deposit due date on salary under rule 218 of the Income-tax Rules, 2026: 7th of next month, 30 April for March, and 1% or 1.5% monthly interest.
- Payroll year-end checklist for March
Payroll year-end checklist for March: verify Form 124 proofs, true up TDS, deposit by 30 April, Form 138 by 31 May, Form 130 by 15 June, close ESI.
- New financial year payroll checklist (April)
April payroll checklist: increments and the 50% wage rule, VDA revision, PT and LWF changes, tax regime choice, Form 124 and the new ESI period.
- Standard deduction and rebate (87A, now section 156) for FY 2026-27
Standard deduction and 87A rebate for 2026-27: ₹75,000 and ₹60,000 in the new regime, ₹50,000 and ₹12,500 in the old, marginal relief and examples.
- Perquisites: tax basics for employers (2026-27)
Perquisites tax basics for 2026-27 under rule 15 of the Income-tax Rules, 2026: car ₹5,000 or ₹7,000 a month, meals ₹200, gifts under ₹15,000, loans.
- Gratuity tax exemption limit (tax year 2026-27)
Gratuity tax exemption limit for 2026-27: least of formula, ₹20 lakh and actual gratuity under section 19 of the 2025 Act (was 10(10)), with an example.
- Leave encashment tax exemption (tax year 2026-27)
Leave encashment tax exemption for 2026-27: least of actual, 10 months' salary, leave credit and ₹25 lakh under section 19 (was 10(10AA)), worked out.
Free consultation and case assessment
मुफ़्त सलाह, कोई शुल्क नहीं
Talk to a FundRaksha recovery expert for free. In one call we assess your unpaid invoices and tell you honestly what can be recovered, how, and in roughly how long. No fee for the call, no obligation, and no upfront cost if you go ahead: our fee is a percentage of what we actually recover.
- A review of your invoices, purchase orders, delivery proof and the buyer’s replies
- An honest assessment of recovery chances and the right route: reminders, legal notice, MSME Samadhaan, Section 138 or a civil suit
- A realistic timeline and the exact cost: nothing upfront, a success fee only on recovery
- A dedicated advocate assigned within 24 hours if you decide to proceed
- The unpaid invoice(s) and payment terms
- Purchase order, delivery challan, e-way bill or proof of service
- Messages, emails or letters about the payment
- For a bounced cheque: the cheque and the bank return memo
No recovery, no fee. Court fees, if any, are borne by the client and told upfront.
Questions, answered
This page is general information for Indian businesses, not legal advice for your specific case. Laws, rates and procedures change; speak to an advocate before acting. FundRaksha LegalTech Pvt Ltd is a technology company; legal work is carried out by enrolled advocates.