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Tax & GST Myths vs Facts

8 things people commonly believe about Indian tax and GST — click a card to flip it and see the real answer.

Aggarwal Abhishek & Co. Self-Assessment Suite

Myth-Busting, One Flip at a Time
0 of 8 facts revealed

Check it with your own numbers

Myth 5 says the New Regime is always better. Enter your own income and deductions in the Old vs New Tax Regime Calculator to see which one costs you less.
Want to see how much you already know? Take the Tax Trivia Quiz, eight quick questions on Indian tax and GST.

Want a CA to check this for you?

If any of these surprised you, a CA can tell you how it applies to your own situation.

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Please note: These are general principles for common situations, not a substitute for advice on your specific facts — tax and GST law has exceptions, and your situation may be one of them. If any of these surprised you, that's exactly the kind of thing worth a quick conversation — get in touch with us.

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Frequently asked questions

Is the Tax & GST Myths vs Facts free to use?

Yes. The tool is free to use online and you do not need to create an account.

Can I rely on the result for filing or decisions?

The result is an estimate based on the figures you enter and the rules built into the tool. Please have important figures checked by a qualified Chartered Accountant before you file or decide.

Who built this tool?

It was built by Aggarwal Abhishek & Co., a Chartered Accountancy firm serving clients across India. You can contact us from the Contact page for help with your own case.