Income Tax Rates For Ay 2025 26 New Regime

Income Tax Rates For Ay 2025 26 New Regime. Tax Slab for FY 202425 & AY 202526 (New & Old Regime Tax Rates The New Income Tax Slab for the new regime for FY 2025-26 (AY 2026-27) has also been announced Company opts for section 115BAB (not covered in sections 115BA and 115BAA) & is registered on or after October 1, 2019.

Budget 2025 7 Key highlights impacting personal finance
Budget 2025 7 Key highlights impacting personal finance from www.basunivesh.com

Compare Old vs New tax regimes, see latest slab rates, key differences, rebates, and find ways to lower your taxable income for maximum savings. The Direct Tax Code will be presented in Parliament next week to introduce tax reforms

Budget 2025 7 Key highlights impacting personal finance

Tax comparison under new tax regime as per Finance Bill 2025 Tax Payer As per Budget 2025, individuals earning up to ₹12,00,000 will have zero tax liability under the new tax regime due to the increased rebate of ₹60,000.Salaried individuals can benefit from a ₹75,000 standard deduction, reducing their taxable income. Company opts for section 115BAB (not covered in sections 115BA and 115BAA) & is registered on or after October 1, 2019.

Tax Slabs For Fy 2024 25 Ay 2025 26 Under New Regime. The Direct Tax Code will be presented in Parliament next week to introduce tax reforms New Income Tax slab Rates for AY 2026-27 / FY 2025-26

Tax Calculator 202525 New Regime In India Images References. The Bill revises tax rates under the new tax regime slabs (Section 115BAC) of the IT Act while the old tax regime remains unchanged. The new slab rates for the Assessment Year 2026-27 are as follows: Total Income (Rs.) Rate of Tax; Up to 4,00,000: Nil: