New-regime slabs, FY 2026-27
Section 115BAC slabs apply to total income. Tax is nil up to ₹4,00,000; the top 30% band starts above ₹24,00,000. For residents, the Section 87A rebate keeps tax payable at zero until ₹12,00,000 of total income.
| Total income | Rate |
|---|---|
| 0 – 4,00,000 | 0% |
| 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% |
| 24,00,001 – above | 30% |
Old-regime slabs, FY 2026-27
Age widens the nil band: ₹2,50,000 below 60, ₹3,00,000 from 60 to 79, and ₹5,00,000 from 80. The 5% band stops at ₹5,00,000 either way; above ₹10,00,000 the marginal rate is 30%.
| Total income | Rate |
|---|---|
| 0 – 2,50,000 | 0% |
| 2,50,001 – 5,00,000 | 5% |
| 5,00,001 – 10,00,000 | 20% |
| 10,00,001 – above | 30% |
| Total income | Rate |
|---|---|
| 0 – 3,00,000 | 0% |
| 3,00,001 – 5,00,000 | 5% |
| 5,00,001 – 10,00,000 | 20% |
| 10,00,001 – above | 30% |
| Total income | Rate |
|---|---|
| 0 – 5,00,000 | 0% |
| 5,00,001 – 10,00,000 | 20% |
| 10,00,001 – above | 30% |
Standard deduction and the 87A rebate
| Item | New regime | Old regime |
|---|---|---|
| Standard deduction (salary/pension) | ₹75,000 | ₹50,000 |
| Section 87A limit on total income | ₹12,00,000 | ₹5,00,000 |
| Maximum rebate | ₹60,000 | ₹12,500 |
Surcharge bands
The surcharge rate looks at total income bands; marginal relief applies at each threshold so the bill cannot jump more than the income above the threshold. Every band starts the rupee above its threshold — at exactly ₹50 lakh no surcharge applies.
| Total income | Rate |
|---|---|
| 0 – 50,00,000 | 10% |
| 50,00,001 – 1,00,00,000 | 15% |
| 1,00,00,001 – 2,00,00,000 | 25% |
| 2,00,00,001 – 5,00,00,000 | 37% |
| Above 5,00,00,000 | 37% |
| Total income | Rate |
|---|---|
| 0 – 50,00,000 | 10% |
| 50,00,001 – 1,00,00,000 | 15% |
| 1,00,00,001 – 2,00,00,000 | 25% |
| 2,00,00,001 – 5,00,00,000 | 25% |
| Above 5,00,00,000 | 25% |
Health and education cess: 4% of tax plus surcharge in both regimes.
Slab tax in practice
Slab tax is the sum over bands of the income that falls inside each band times its rate. A total income of ₹16,00,000 under the new regime pays 5% on the ₹4–8 lakh slice, 10% on ₹8–12 lakh, 15% on ₹12–16 lakh — that is ₹1,20,000 before the rebate, relief and surcharge. The income tax calculator prints this slice-by-slice table for your own numbers.
Frequently asked questions
Did the slabs change for FY 2026-27?
No. Budget 2026 left the individual slab rates untouched, and the Income-tax Act, 2025 — in force from 1 April 2026 — continues the FY 2025-26 structure. What changed is section numbering, not rates. The tables on this page therefore match both years.
What is the exempt limit under the new regime for age 60+?
The new regime applies the same slabs at every age — tax is nil on total income up to ₹4,00,000 because the first band is at 0%. The separate ₹3,00,000 and ₹5,00,000 exemption limits belong to the old regime for taxpayers aged 60 to 79 and 80+.
How much tax is zero under the new regime because of the 87A rebate?
For resident individuals, the ₹60,000 rebate covers the slab tax until total income reaches ₹12,00,000, so tax payable is zero up to that point — even though the slab table itself starts charging at ₹4,00,000.
Is there a separate surcharge rate for the new regime above ₹5 crore?
Yes, the new regime caps the surcharge at 25% even above ₹5 crore, while the old regime charges 37% there. Between ₹50 lakh and ₹5 crore the bands are identical in both regimes.
Where do these numbers come from?
Every figure on this page, including this section, is rendered from the versioned rate object the calculator imports — the CBDT rates document and the Finance Act 2026, reviewed on 28 October 2026.