Income Tax Slabs (FY 2025-26)

Definition

Income tax slabs for FY 2025-26 under the New Tax Regime: up to Rs 4 lakh (nil), Rs 4-8 lakh (5%), Rs 8-12 lakh (10%), Rs 12-16 lakh (15%), Rs 16-20 lakh (20%), above Rs 20 lakh (30%). Rebate under Section 87A: no tax if income up to Rs 12 lakh. Standard deduction of Rs 75,000 for salaried employees. Under the Old Tax Regime: up to Rs 2.5 lakh (nil), Rs 2.5-5 lakh (5%), Rs 5-10 lakh (20%), above Rs 10 lakh (30%), with various deductions available.