Income Tax Rates & Slabs – FY 2025-26 (AY 2026-27)

For individual taxpayers under the new tax regime unless opting for old regime.

Overview

Here are the personal income tax slab rates applicable for the Financial Year 2025-26 (Assessment Year 2026-27). These apply under the new tax regime framework declared in the budget. :contentReference[oaicite:0]{index=0}

New Tax Regime – Slabs

Sl No. Taxable Income (₹) Rate
1. Up to 4,00,000 Nil
2. 4,00,001 – 8,00,000 5%
3. 8,00,001 – 12,00,000 10%
4. 12,00,001 – 16,00,000 15%
5. 16,00,001 – 20,00,000 20%
6. 20,00,001 – 24,00,000 25%
7. Above 24,00,000 30%

Note: These slabs apply under the new tax regime. For salaried taxpayers, income up to approx ₹12 lakh (or ₹12.75 lakh with standard deduction) may result in zero tax due to rebate. :contentReference[oaicite:1]{index=1}

Important Note: The old tax regime is still available; deductions & exemptions apply differently. Choose the regime that gives you lower tax. Also, rebates under section 87A change with income thresholds. :contentReference[oaicite:2]{index=2}

Important Links

  1. Income Tax Acts – click here
  2. Income Tax Rules – click here
  3. Circulars – click here
  4. Notifications – click here
  1. Tax Calculator – click here
  1. Forms – click here
  1. Submit Returns / Forms – click here
  2. View Form 26AS (Tax Credit) – click here
  3. Outstanding Tax Demand – click here
  4. ITR-V Receipt Status – click here
  5. CPC Refund Status – click here
  6. Rectification Status – click here
  7. Know Your Jurisdictional A.O. – click here
  8. Know Your PAN – click here
  9. Know Your TAN – click here
  10. Apply Online (PAN / TAN) – click here
  11. E-Pay Tax – click here