Flat 30% (plus 4% cess = 31.2% effective). No deductions except cost of acquisition. No short-term/long-term distinction.

No. Under Section 115BBH, only cost of acquisition is deductible. Gas fees, exchange commissions, etc. cannot be deducted.

Section 194S: 1% TDS on crypto transfers above ₹10,000/year. Buyer deducts before paying seller. Claim credit in ITR.

No. Losses cannot be set off against any income including other crypto gains. Cannot be carried forward either.

Old: Principal (₹1.5L/80C), Interest (₹2L/24(b) self-occupied, unlimited/let-out). New: Only let-out interest under 24(b).

Additional ₹1.5L deduction for first-time buyers (stamp value ≤₹45L, loan Apr 2019 - Mar 2022). Over and above ₹2L of Section 24(b).

Interest during construction claimed in 5 equal installments from completion year. Total with post-construction interest cannot exceed ₹2L for self-occupied.

At 6% annual inflation, ₹1 today is worth only ₹0.42 in 15 years. Without adjustment, you will fall short of goals.

Conservative: 7-8% (debt/FDs). Moderate: 10-12% (balanced funds). Aggressive: 12-15% (equity). Use conservative for <5 year goals.

25x rule: Save 25 times annual retirement expenses. Need ₹6L/year? Target ₹1.5 Crore corpus. Use 4% withdrawal rule.

Specified professionals: Doctors, Lawyers, Engineers, Architects, CAs, Interior Decorators, Film Artists with receipts up to ₹75 Lakhs (if cash ≤5%).

50% of gross receipts is deemed profit. Can declare higher if actual profit is more. Lower declaration requires books + audit.

No! Under presumptive taxation, you are exempt from detailed books and tax audit. Pay advance tax in one installment by March 15th.

The 50% deemed profit accounts for expenses. No additional business deductions. Personal deductions (80C, 80D, NPS) can still be claimed under Old Regime.