Income tax, made simple
Tax sounds scary. It isn't here. Webelio does the maths and tells you the cheapest choice. You just fill in a few numbers. Open My Tax to begin.
You don't need to be a tax expert. Webelio works out your tax for you, month by month, and shows you plainly what to enter. This page explains what each part is for.
Old regime vs new regime — which is cheaper?
Every year, the government lets you pick one of two ways to be taxed:
- New regime — lower tax rates, but you can't claim most deductions. It has a flat standard deduction of ₹75,000 built in.
- Old regime — higher rates, but you can lower your taxable income by claiming things like investments, insurance and rent.
Which one costs you less? It depends on your savings and rent. So Webelio does the comparison for you: it shows your tax under both options, side by side, and points to the cheaper one. You just pick.
If you save a lot (PF, insurance, home loan) or pay rent, the old regime is often cheaper. If you don't, the new regime usually wins. But don't guess — let Webelio's live comparison decide.
Declare your investments
If you choose the old regime, you tell Webelio what you're investing in so it can reduce your tax. This is your investment declaration. You do it near the start of the financial year, based on what you plan to invest.
Common things you can declare:
| Section | Examples |
|---|---|
| 80C (up to ₹1,50,000) | PF, PPF, life insurance, ELSS mutual funds, children's tuition, home loan principal. |
| 80D | Health insurance for you and your parents. |
| HRA | Rent you pay — enter your monthly rent and landlord details. |
| 80E | Interest on an education loan. |
As you type, Webelio recalculates your tax and lowers the TDS taken from your monthly salary. Submit when you're done.
Upload your proofs
Later in the year, your company opens a proof window — a period when you upload documents proving what you actually invested (receipts, statements, rent proofs).
- Go to your declarations in My Tax.
- For each item, upload the proof document (PDF or photo).
- Submit before the deadline shown on screen.
HR reviews each proof. If one is rejected, you'll see why and can upload a corrected one. If you miss the window or can't prove an investment, that deduction is removed and a little more tax may be recovered in your last months — so upload on time.
Started mid-year? Add your previous employer (Form 12B)
If you joined during the year and worked somewhere else earlier in the same year, enter your previous employer's salary and the tax they already deducted. This is Form 12B. It helps Webelio work out your total tax correctly, so you're not over- or under-taxed.
Download your Form 16
After the financial year ends and your company finishes its tax filing, your Form 16 becomes available in My Tax. It's the official summary of your salary and the tax deducted for the year — you use it to file your income tax return. Click Download PDF to save it.
If it's not there yet, the year probably isn't closed. It usually appears a few months after the financial year ends.
Learn more
Want the full detail on how salary tax works in India? See TDS explained.
What's next
- Payslips & salary — see the TDS line on your payslip.
- TDS explained — the deeper background, if you're curious.