Here is how the new tax regime will now look like:
- If Total Salary is below 1200000 - No Tax
- If Total Salary above 1200000 then Zero to Rs 4,00,000 - No Tax
- Rs 4,00,000 to Rs 8,00,000 - 5%
- Rs 8,00,001 to Rs 12,00,000 - 10%
- Rs 12,00,001 to Rs 16,00,000 - 15%
- Rs 16,00,001 to Rs 20,00,000 - 20%
- Rs 20,00,001 to Rs 24,00,000 - 25%
- Above Rs 24,00,000 - 30%
Income Tax Calculator New Tax Regime (2025-26)