May 13, 2025

Income Tax Slabs Rates for FY 2025-26

Kuhu Verma

Upto 4 Lakh

There is no income tax levied on this slab.

Source: canva

2. Rs 4 lakh to 8 lakh

5% income tax is levied on this slab.

Source: canva

3. Rs 8 lakh to 12 lakh

This slab faces a 10% income tax rate for FY 2025-26.

Source: canva

4. Rs 12 lakh - 16 lakh

The fourth slab is set to pay a 15% rate on their income tax return.

Source: canva

5. Rs 16 lakh to 20 lakh

This slab is eligible for 20% income tax rate.

Source: canva

6. Rs 20 lakh to 24 lakh

The penultimate slab will be levied a 25% interest rate on their income.

Source: canva

7. Above Rs 24 lakh

All incomes above Rs 24 LPA will face 30% income tax rate as per the new regime.

Source: canva

Increased Rebate

For incomes above Rs 12 lakh will face no taxes as rebate rises to Rs 60,000.

Source: canva

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