📄 Article
✓ Link checked
India
Free
Beginner
A current table of the new and old regime slabs for FY 2026-27: under the new regime no tax is payable on income up to Rs 12 lakh because of a Rs 60,000 rebate, and salaried people also get a Rs 75,000 standard deduction.
Income tax slabs and rates for FY 2026-27 (AY 2027-28)
From bankbazaar.com by BankBazaar ~10 min read
- New regime slabs: nil up to Rs 4 lakh, then 5% to 30% up to above Rs 24 lakh.
- Rebate makes income up to Rs 12 lakh tax free in the new regime.
- Salaried employees get a Rs 75,000 standard deduction.
