New Tax Regime Slabs FY 2026-27
Table of Contents
Since 1 April 2026 income tax is governed by the Income-tax Act, 2025, which replaced the 1961 Act, so the old section numbers (80C, 80D and so on) now have new ones. This page shows the new-regime slabs for FY 2026-27 and the new section numbers we could confirm. It does not compare the old and new regimes.
New Tax Regime Slabs (FY 2026-27)
| Income Slab | Tax Rate |
|---|---|
| Up to ₹4,00,000 | Nil |
| ₹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% |
Health and Education Cess of 4% is added on the income tax. A rebate exists under section 156 of the Income-tax Act, 2025. We could not confirm its amount and income limit for tax year 2026-27 from the Act text, so this page does not state them or say who pays zero tax. Check the current figure on incometaxindia.gov.in.
New Section Numbers
- Section 87A (rebate) is now section 156 of the Income-tax Act, 2025.
- Section 80C is now section 123 (Schedule XV lists the eligible items).
What This Page Does Not Cover
This page does not say which regime costs less. For tax year 2026-27 it does not confirm the rebate, the standard deduction, which deductions and exemptions each regime allows, the old-regime rates, or the rules for choosing or switching regimes. Check the current rules on incometaxindia.gov.in or ask a tax professional before you decide.
Sources: new-regime slabs are from the Union Budget 2026-27 explanatory memorandum. Section 156 (rebate) and section 123 (80C) are the Income-tax Act, 2025 numbers shown in the official Act page and navigator. Amounts for tax year 2026-27 were not confirmed from the Act text.
Also consider: 💼 In-Hand Salary Calculator shows your pre-tax salary breakdown. It does not currently calculate income tax or take-home pay.