New regime slabs (FY 2025-26)
After a ₹75,000 standard deduction: up to ₹4 lakh nil, ₹4–8 lakh 5%, ₹8–12 lakh 10%, ₹12–16 lakh 15%, ₹16–20 lakh 20%, ₹20–24 lakh 25%, above ₹24 lakh 30%. Taxable income up to ₹12 lakh pays no tax because of the Section 87A rebate.
Old regime slabs
After a ₹50,000 standard deduction and your other deductions: up to ₹2.5 lakh nil, ₹2.5–5 lakh 5%, ₹5–10 lakh 20%, above ₹10 lakh 30%. Taxable income up to ₹5 lakh pays no tax.
Which regime is better?
The old regime usually wins only when you claim large deductions, such as full 80C, home loan interest and HRA. For most people the new regime is lower.