Question 1

How is GST calculated in India?

Accepted Answer

GST is calculated on the base amount at the rate for the product or service. Since 22 September 2025 (GST 2.0) the main rates are 5%, 18% and 40%, with 0% on essentials and 3% on gold and silver. Use our GST Calculator to instantly see CGST, SGST, and IGST breakdown. For example, ₹10,000 at 18% GST = ₹1,800 GST (₹900 CGST + ₹900 SGST for intra-state).

Question 2

What's the difference between STCG and LTCG?

Accepted Answer

It is decided by how long you held the asset. Listed shares and equity mutual funds turn long-term after 12 months; property, gold and unlisted shares after 24 months. Since 23 July 2024 long-term gains are taxed at 12.5% without indexation on every asset class, with the first ₹1.25 lakh of listed equity gains exempt under section 112A. Short-term gains on listed equity are 20% under section 111A; short-term gains on everything else are added to your income and taxed at slab rates. Surcharge and 4% cess apply on top. Resident individuals who bought property before 23 July 2024 may still choose 20% with indexation if it works out lower, an option NRIs do not get. Our Capital Gain Tax Calculator handles all of this.

Question 3

How do I find the HSN code for my product?

Accepted Answer

HSN (Harmonized System of Nomenclature) codes classify goods for GST. Search our HSN/SAC Code Finder by product name or keyword. It returns the 2, 4, 6, or 8-digit code + applicable GST rate. For services, use SAC codes instead.

Question 4

Should I register as Pvt Ltd, LLP, or OPC?

Accepted Answer

Choose based on: liability protection (all three offer limited liability), flexibility (LLP most flexible), taxation (small businesses may prefer OPC), and investor readiness (Pvt Ltd attracts investors). Our Business Structure Advisor asks 6 simple questions and recommends the best fit.

Question 5

Are these tools free and safe to use?

Accepted Answer

Yes, all our tools are 100% free with no sign-up required. They use the FY 2026-27 rates, with FY 2025-26 still available where a belated return needs it. No personal or financial data is stored — calculations happen locally in your browser.

Free Tax & Business Tools

Business Valuation Calculator

Compliance Calendar

GST Calculator

Capital Gain Tax Calculator

Income Tax Calculator

HSN / SAC Code Finder

Business Structure Advisor