किसी भी गलतफहमी से बचने के लिए आयकर छूट और स्लैब दरों के बीच अंतर करना महत्वपूर्ण है!
Still Confusion with Income Tax Rebate and Slab Rates for 2025-26!: The ongoing debate among the general populace in India continues to create uncertainty. For the financial year 2025-26, the new Income Tax rebate is set at ₹ 12 lakh. This indicates that individuals earning up to ₹ 12 lakh will not be subject to income tax for that period. However, those whose earnings exceed ₹ 12 lakh will be subject to the applicable slab rates, and will not qualify for the rebate. Therefore, it is essential to first assess your total earnings in relation to the exemption or rebate. If your income surpasses the rebate threshold, you will need to adhere to the new tax slab rates.
New Income Tax 2025-26 with Simple Calculation
Income tax calculation can be illustrated through two examples for the assessment year 2025-26. In the first scenario, an individual with an income of 12 lakh is considered, while in the second scenario, another individual earns 13 lakh.
| Total Earnings AY 2025-26 | ₹ 12,00,000 | ₹ 13,00,000 |
| Up to ₹ 4 Lakh (No Tax) | No Tax | No Tax |
| ₹ 4 Lakh To 8 Lakh (5%) | No Tax | ₹ 20,000 (5% for 4 Lakh) |
| ₹ 8 Lakh To 12 Lakh (10%) | No Tax | ₹ 40,000 (10% for 4 Lakh) |
| ₹ 12 Lakh To 16 Lakh (15%) | ₹ 15,000 (15% for 1 Lakh) | |
| Total Tax | 0 | ₹ 75,000 |
₹ 12.75 Lakh Rebate for Salaried Taxpayers in 2025-26
Salaried employees will receive a standard deduction of Rs. 75,000, resulting in a total rebate of Rs. 12,75,000. If an employee earns Rs. 13 lakh in the fiscal year 2025-26, the calculation of income tax is outlined below.
| Total Earnings AY 2025-26 | ₹ 12,00,000 | ₹ 13,00,000 |
| Up to ₹ 4 Lakh (No Tax) | No Tax | No Tax |
| ₹ 4 Lakh To 8 Lakh (5%) | No Tax | ₹ 20,000 (5% for 4 Lakh) |
| ₹ 8 Lakh To 12 Lakh (10%) | No Tax | ₹ 40,000 (10% for 4 Lakh) |
| ₹ 12 Lakh To 16 Lakh (15%) | ₹ 3,750 (15% for ₹ 25,000) | |
| Total Tax | 0 | ₹ 63,750 |
New Income Tax Slab Rates 2025-26
This is indeed excellent news for salaried employees in India, especially those employed by state and central governments, as well as individuals working in the IT sector, who are celebrating this announcement.
| Income | Tax Rate | Tax Amount |
| Up to 4 Lakh | Nil | ₹ 0 |
| 4 Lakh to 8 Lakh | 5% | ₹ 20,000 |
| 8 Lakh to 12 Lakh | 10% | ₹ 40,000 |
| 12 Lakh to 16 Lakh | 15% | ₹ 60,000 |
| 16 Lakh to 20 Lakh | 20% | ₹ 80,000 |
| 20 Lakh to 24 Lakh | 25% | ₹ 1,00,000 |
| 24 Lakh Above | 30% | ₹ 1,20,000 (Minimum) |