#📢లైవ్ : యూనియన్ బడ్జెట్ 2026📺 #📰ఈరోజు అప్డేట్స్ #🆕Current అప్డేట్స్📢 #🗞ప్రభుత్వ సమాచారం📻 Union Budget 2026: FM Sitharaman highlights reform push, middle class awaits relief on income tax
For the financial year 2025-26 (Assessment Year 2026-27), the new tax regime introduced in Budget 2026 features a revised structure with zero tax on income up to ₹4 lakh, with rates increasing up to 30% for higher income brackets. Key changes include a ₹75,000 standard deduction and, in some proposals, income up to ₹12 lakh is taxed at lower rates (0% to 15%).
New Income Tax Slabs for FY 2025-26 (AY 2026-27) - New Regime
₹0 - ₹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%