Income Tax Slab For Ay 2025-26 Pdf. The upcoming budget may focus on the new income tax regime yet again to increase its appeal compared to the old tax regime. A tax exemption for individuals earning up to rs 7 lakh annually.

The new tax regime introduced in budget 2020 offers lower tax rates with fewer exemptions and deductions. The tax rate is set at 10% for income between ₹ 7 lakh and ₹ 10 lakh, and 5% for earnings between ₹ 3 lakh and ₹ 7 lakh.