Income Tax Slabs 2025-26, Latest Income Tax Slabs FY 2025-26 Under New Tax Regime, Income Tax Slabs FY 2025-26 AY 2026-27, IT New Slabs by IT Department, Income Tax IT Rates Financial Year 2025-2026 Assessment Year 2026-27, Income Tax Act Slabs for salaried Employees, Income Tax slabs Benefits in the Union Budget 2025-26, Revised tax structure under new tax regime
Revised Income Tax Slab Rates 2025-26 under new regime:
✅ Revised Tax Slabs 2025-26:
With effect from assessment year 2026-27, it is proposed that the following rates provided under the proposed clause (iii) of sub-section (1A) of section 115BAC of the Act shall be the rates applicable for determining the income-tax payable in respect of the total income of a person, being an individual or Hindu undivided family or association of persons [other than a co-operative society], or body of individuals, whether incorporated or not, or an artificial juridical person referred to in subclause (vii) of clause (31) of section 2:—
| Income Slab | Income Tax Rate |
| 0-4 lakh | Nil |
| 4-8 lakh | 5% |
| 8-12 lakhs | 10% |
| 12-16 lakhs | 15% |
| 16-20 lakhs | 20% |
| 20-24lakhs | 25% |
| Above 24 lakh | 30% |
Income Tax Act FY 2025-26 AY 2026-27 Key highlights:
- No income tax on income up to ₹12 lakh.
- Salaried taxpayers with income up to ₹12.75 lakh will have no tax liability.
- Under the new tax regime, income up to ₹4 lakh is tax-free.
- Personal income tax reforms aimed at benefiting the middle class.
- TDS on rent threshold increased from ₹2.4 lakh to ₹6 lakh annually.
- Senior citizens' tax deduction limit doubled to ₹1 lakh.
To simplify this 12 Lakh 𝐍𝐈𝐋 𝐓𝐀𝐗 issue :
➡️ Suppose your income is upto 12 Lakhs
➡️ You pay 0 for the first 4L
➡️ From 4Lakh - 8Lakh i.e the next 4Lakh,
you pay 5% tax = 20,000.
➡️ From 8Lakh - 12 lakh i.e. another 4Lakh,
you pay 10% tax = 40,000.
➡️ Total Tax Payable= 60,000
➡️ Standard Deduction rebate = 75,000.
So effectively , post rebate there is no tax for income upto 12 lakhs
*All this is under the new tax regime.
కేంద్ర ఆర్థిక మంత్రి నిర్మలా సీతారామన్ మధ్య తరగతి, వేతన జీవులకు శుభవార్త చెప్పారు. రూ. 12 లక్షల ఆదాయం వరకు ఎటువంటి పన్నులు చెల్లించాల్సిన అవసరం లేకుండా రిబేట్ ప్రకటించారు.
దీంతోపాటు కొత్త ఆదాయపు పన్ను విధానంలో శ్లాబ్లను మార్చారు. దీనికి మరో రూ.75 వేలు స్టాండర్డ్ డిడక్షన్ కలిపితే రూ.12,75,000 వరకు పన్ను ఉండదు.
కొత్త పన్ను విధానంలో మార్చిన శ్లాబ్స్:
- రూ 0-4 లక్షలు - సున్నా
- రూ 4-8 లక్షలు- 5%
- రూ 8-12 లక్షలు - 10%
- రూ 12-16 లక్షలు 15%
- రూ 16-20 లక్షలు -20%
- రూ 20-24 లక్షలు- 25%
- రూ 24 లక్షల పైన 30 శాతం
