What is the best tax regime for professionals in 2026?

It depends on your deductions. If you claim many deductions (80C, 80D, home loan), the old regime may be better. If you have few deductions, the new regime offers lower rates. We help you compare and choose.

Can I claim professional expenses like travel and equipment?

Yes, if you are a professional with business income, you can claim expenses related to your profession – travel, rent, utilities, equipment, staff salaries, etc. Ensure you have proper bills and records.

Do I need to pay advance tax as a professional?

Yes, if your tax liability after TDS is more than ₹10,000, you must pay advance tax in 4 installments (June, Sept, Dec, March). Failure leads to interest under sections 234B and 234C.

What if I miss the advance tax deadline?

You can pay late, but interest will be charged. We help you calculate and pay before the due date to avoid penalties.

How can Liquetax help me save tax?

We provide personalised tax planning, maximise deductions, choose the right regime, ensure error-free filing, and handle all compliance. We help you save legally and stay stress-free.

Business Guidance

Tax Planning for Doctors, Architects, Influencers & Consultants 2026

Complete tax planning guide for doctors, architects, influencers and consultants in 2026. Save more tax, avoid notices, and optimise deductions with expert advisory from Liquetax.

What this guide covers

What does Tax Planning for Doctors, Architects, Influencers & Consultants mean in practice?
Who is affected and what should they check first?
Which documents or records should be kept ready?
What common mistakes should be avoided?