Income Tax & ITR Filing Basics for Salaried Freshers
Understand your salary slip, pick the right tax regime, read Form 16 and AIS, and file ITR-1 with confidence
Ghosla Academy · Finance Team
This course explains Indian income tax for salaried freshers in plain language. You'll learn how taxable income is calculated, how the new and old regimes differ, what every line of your salary slip and Form 16 means, and how to reconcile Form 26AS and AIS before filing. You'll then walk through ITR-1 filing on the e-filing portal, e-verification, refunds, notices and deadlines. Examples use FY 2025-26 figures and note the Income-tax Act, 2025, which applies from 1 April 2026. Tax rules change often, so always check the latest on incometax.gov.in; this course is education, not tax or investment advice.
What you will be able to do
- Explain how income tax, slabs, rebate and cess work
- Read CTC, salary slips, Form 16 and Form 12BB correctly
- Calculate tax under the old and new regimes and compare them
- Use Form 26AS, AIS and TIS to reconcile income and TDS
- Choose the right ITR form and file ITR-1 step by step
- Handle e-verification, refunds, notices, due dates and corrections
What you build
- Old vs new regime calculator for three salary profiles
- Mock ITR-1 filing pack with Form 16–AIS reconciliation
What you need to start
- Basic arithmetic and spreadsheet skills
- A PAN card (helpful but not required for the course)
Curriculum · 5 sections, 20 lectures
Tax basics4 lectures
- How income tax works in IndiaFree preview10 min
- FY, AY, PAN and the new Income-tax ActFree preview10 min
- Heads of income8 min
- Quiz: tax basics5 min
Your salary4 lectures
- Reading your salary slip and CTC10 min
- Old vs new tax regime12 min
- Calculating tax on a salary: worked example10 min
- Quiz: your salary5 min
Deductions and TDS4 lectures
- Common deductions in the old regime12 min
- TDS, Form 16 and Form 12BB12 min
- Project: compare regimes for 3 salary profiles20 min
- Quiz: deductions and TDS5 min
Filing ITR4 lectures
- Form 26AS, AIS and TIS12 min
- Choosing the right ITR form8 min
- Filing ITR-1 step by step (demo walkthrough)14 min
- Quiz: filing ITR5 min
After filing4 lectures
- E-verification, refunds and notices10 min
- Due dates, belated returns and penalties8 min
- Project: mock ITR filing checklist18 min
- Quiz: after filing5 min
Who this is for
- Freshers starting their first salaried job
- Final-year students who want to understand offer letters and taxes
- Young professionals filing their own ITR for the first time