New Tax Regime Slabs FY 2025-26 (u/s 115BAC)
| Income Range | Tax Rate |
|---|---|
| Up to ₹4,00,000 | Nil |
| ₹4,00,001 – ₹8,00,000 | 5% |
| ₹8,00,001 – ₹12,00,000 | 10% |
| ₹12,00,001 – ₹16,00,000 | 15% |
| ₹16,00,001 – ₹20,00,000 | 20% |
| ₹20,00,001 – ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
* Standard deduction ₹75,000 under New Regime. Section 87A rebate: zero tax if taxable income ≤ ₹7 lakh (New Regime) or ≤ ₹5 lakh (Old Regime). Surcharge: 10% on income 50L–1Cr, 15% on 1Cr–2Cr, 25% on 2Cr–5Cr, 37% above 5Cr.
Frequently Asked Questions
Under the New Regime, taxable income is ₹20L − ₹75,000 standard deduction. Tax is then calculated at the progressive slab rates shown above. Section 87A provides full rebate if your taxable income is ≤₹7 lakh. Use the calculator above to see exact figures.
It depends on your total deductions. If your 80C + 80D + HRA + other deductions exceed ₹1,15,000, the Old Regime may save more tax. Our calculator shows the breakeven point automatically.
At ₹20 lakh taxable income, Section 87A rebate does not apply (threshold is ₹7L New Regime / ₹5L Old Regime). Tax is payable as per the slab rates.