New Income tax calculation 2025-26 | Budget 2025 | Tax Slabs (English)

Union Budget 2025 Highlights for personal income tax.

In a major relief given to the middle class for FY 2025-26, the tax rebate has been increased from Rs. 7 lakhs to Rs. 12 lakhs for all incomes excluding special rate incomes such as capital gains. There is no change in cess and surcharge rates.

Further, the tax slabs under new tax regime for FY 2025-26 have been amended as follows:
Income upto 4 lakhs @ 0%
4 lakhs to 8 lakhs @ 5%
8 lakhs to 12 lakhs @ 10%
12 lakhs to 16 lakhs @ 15%
16 lakhs to 20 lakhs @ 20%
20 lakhs to 24 lakhs @ 25%
Above 24 lakhs @ 30%

Narrated by: CA. Vidur Krishna Bindal, FCA

For Feedback:
Email: vidurbindal@gmail.com

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