Topic
tax
2 guides on tax.
Tax
GST on restaurant bills — 5% vs 18% explained (and how to extract net price)
Restaurant GST in India is 5% (without ITC) or 18% (in 5-star hotels). Learn how to extract the net food price from a tax-inclusive bill, and when service charge is and isn't legal.
5 min read
Finance
Home loan tax benefits — 80C, 24(b) & 80EEA explained for FY 2025-26
Home loan tax benefits in India: principal deduction up to ₹1.5L under 80C, interest up to ₹2L under 24(b), additional ₹1.5L under 80EEA for first-time buyers. Old regime only.
6 min read