Compare your income tax under the old and new tax regimes for FY 2026-27 and FY 2025-26, with slab-wise breakdown, 87A rebate, surcharge and cess.
With the ₹60,000 rebate under section 87A and the ₹75,000 standard deduction, a salary of up to ₹12.75 lakh pays no tax. Budget 2026 kept these slabs unchanged.
A 4% health and education cess applies to all tax, plus a surcharge above ₹50 lakh.
The new regime usually wins unless your deductions (80C, HRA, home loan interest, 80D) add up to a large amount, often around ₹4–5 lakh or more at middle incomes. Enter your figures to compare.
In the new regime, yes: taxable income up to ₹12 lakh gets a full rebate. For salaried people the ₹75,000 standard deduction raises this to ₹12.75 lakh of salary.
If your income is just above ₹12 lakh, the tax can't exceed the amount by which your income is above ₹12 lakh. Similar relief applies when a surcharge starts.
No. The slabs, standard deduction and rebate from Budget 2025 continue for FY 2026-27.