New Tax Regime — Income Tax Slabs FY 2025-26
Assessment Year 2026-27 · Table 1
Annual Income
Tax Rate
Tax Payable (Approx.)
Up to ₹4,00,000
NIL
₹0
₹4,00,001 – ₹8,00,000
5%
Up to ₹20,000
₹8,00,001 – ₹12,00,000
10%
Up to ₹40,000
Up to ₹12,00,000
Sec 87A
Effectively NIL
₹0
₹12,00,001 – ₹16,00,000
15%
Up to ₹60,000
₹16,00,001 – ₹20,00,000
20%
Up to ₹80,000
₹20,00,001 – ₹24,00,000
25%
Up to ₹1,00,000
Above ₹24,00,000
30%
30% on amount above ₹24L + surcharge if applicable
* Section 87A rebate makes income up to ₹12L tax-free. Standard deduction of ₹75,000 applies for salaried individuals. 4% health & education cess applicable on tax payable.