New Regime Slabs (FY 2025-26 / AY 2026-27)
| Taxable income | Rate |
|---|---|
| Up to ₹4,00,000 | 0% |
| ₹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% |
Salaried taxpayers deduct a ₹75,000 standard deduction first. Then slab tax applies, the Section 87A rebate wipes out tax for taxable incomes up to ₹12 lakh (with marginal relief just above it), and 4% cess is added on what remains. Result: salaried income up to ₹12.75 lakh is effectively tax-free.
This calculator covers the new regime (the default). The old regime with 80C/HRA deductions can still win if your deductions are large. Planning investments to grow that take-home? Try the SIP Calculator.