"Income Tax Slab Rates" for Individuals FY 2025-2026
Explore the income tax slab rates for individuals in the financial year 2025-2026. Compare the new regime tax with the old regime to understand how these changes affect your tax liability and planning.
Tax Sure India
11/12/20251 min read
Here are the tax-slab rates under the new tax regime (Section 115BAC) for individuals for the Financial Year 2025-26 (Assessment Year 2026-27) in India:
Taxable income
Up to ₹ 4,00,000
₹ 4,00,001 to ₹ 8,00,000
₹ 8,00,001 to ₹ 12,00,000
₹ 12,00,001 to ₹ 16,00,000
₹ 16,00,001 to ₹ 20,00,000
₹ 20,00,001 to ₹ 24,00,000
Above ₹ 24,00,000
Rate
0%
5%
10%
15%
20%
25%
30%
Additional important points:
· Under the new regime there is no special higher basic exemption for senior citizens — the slab structure is the same irrespective of age.
· A rebate under Section 87A has been increased: individuals with income up to ₹ 12,00,000 in many cases will have zero tax liability (subject to conditions) because the rebate offsets their tax.
· For salaried individuals, a standard deduction of ₹ 75,000 is allowed under the new tax regime, meaning effectively income up to ~₹ 12.75 lakh may result in zero tax in many cases
Here’s a comparison between the Old Tax Regime and the New Tax Regime (FY 2025-26 / AY 2026-27) for individual taxpayers — including both regular and senior citizens.
Income Tax Slab Comparison (FY 2025-26)
Taxable Income
Up to ₹ 2,50,000
Up to ₹ 3,00,000
Up to ₹ 4,00,000
₹ 4,00,001 – ₹ 8,00,000
₹ 8,00,001 – ₹ 12,00,000
₹ 12,00,001 – ₹ 16,00,000
₹ 16,00,001 – ₹ 20,00,000
₹ 20,00,001 – ₹ 24,00,000
Above ₹ 24,00,000
Old Regime (below 60 yrs)
Nil
5% on ₹ 50,000 = ₹ 2,500
5% on ₹ 1,50,000 = ₹ 7,500
5%
20%
20%
30%
30%
30%
Old Regime (60-80 yrs)
—
Nil
5% on ₹ 1,00,000 = ₹ 5,000
5%
20%
20%
30%
30%
30%
New Regime (all ages)
Nil (up to ₹ 4,00,000)
Nil
Nil
5%
10%
15%
20%
25%
30%
Rebate under Section 87A
Regime
Old Regime
New Regime
Applicable up to taxable income
₹ 5 lakh
₹ 12 lakh
Maximum rebate
₹ 12,500
₹ 60,000
Effective tax payable
Nil
Nil
Standard Deduction & Exemptions
Category
Standard Deduction (Salary/Pension)
Deductions under 80C, 80D, etc.
HRA, LTA, Housing Loan Interest (self-occupied)
Rebate up to ₹ 12 lakh (u/s 87A)
Old Regime
₹ 50,000
✅ Allowed
✅ Allowed
❌
New Regime
₹ 75,000
❌ Not allowed
❌ Not allowed
✅ Allowed