New Income Tax Slabs FY25-26 Live Updates: Budget 2025 announces no income tax payable on annual income of up to Rs 12 lakh in new tax regime.
Calculate your tax liability under the new, proposed regime here.
Synopsis
Income Tax Slabs 2025-26 Budget 2025. Under the newly announced tax slabs under the new regime, no income tax will be payable on annual income of up to Rs 12,00,000. For salaried individuals opting for the new tax regime, income of up to Rs 12,75,000 will be tax-free. Section 87A rebate has been increased to 60,000.
Calculate your tax liability under the new, proposed regime here.