Income Tax Slab Changes in Budget 2025-26: Here’s What You Need to Know!
The Government of India’s Budget 2025-26 has brought exciting changes to the income tax structure. In a bid to provide relief to taxpayers, a new set of tax slabs has been introduced, making it essential for taxpayers to understand how these changes impact their financial planning. In this blog, we’ll break down the new tax slabs and compare them with the old ones. Plus, we’re providing you with a simple tax calculator to help you determine how much tax you’ll pay under the new regime.
Old vs. New Tax Slab Comparison
| Old Tax Regime (2024-25) | New Tax Regime (2025-26) |
|---|---|
| Up to ₹2.5 Lakh: No Tax | Up to ₹4 Lakh: No Tax |
| ₹2.5 Lakh – ₹5 Lakh: 5% | ₹4 Lakh – ₹8 Lakh: 5% |
| ₹5 Lakh – ₹10 Lakh: 20% | ₹8 Lakh – ₹12 Lakh: 10% |
| ₹10 Lakh – ₹20 Lakh: 30% | ₹12 Lakh – ₹16 Lakh: 15% |
| Above ₹20 Lakh: 30% | ₹16 Lakh – ₹20 Lakh: 20% |
| ₹20 Lakh – ₹24 Lakh: 25% | |
| Above ₹24 Lakh: 30% |
Tax Calculation Under the New Regime: How Much Will You Pay?
We’ve created a simple tax calculator to help you quickly estimate your tax liability based on the new income tax slabs. It’s easy to use and takes the guesswork out of tax planning.
Income Tax Calculator: Compute Your Tax Liability Under Old and New Regimes
Calculate your tax here.