Union Budget 2025–26

#WaahModiji

Zero Income Tax till ₹12 Lakh under New Tax Regime

(₹12.75 lakh for salaried taxpayers with a ₹75,000 standard deduction)

Personal Income Tax Reforms with Special Focus on Middle Class

'Nil tax' slab up to ₹12.00 lakh (effectively ₹12.75 lakh for salaried taxpayers with the ₹75,000 standard deduction).
New structure to substantially reduce taxes of middle class and leave more money in their hands, boosting consumption, savings, and investment.
Slabs and rates have been changed across the board to benefit all taxpayers.

Income (₹ Lakhs)	Tax Rate
0 – 4	Nil
4 – 8	5%
8 – 12	10%
12 – 16	15%
16 – 20	20%
20 – 24	25%
Above 24	30%

Disclaimer: The above slabs are per the new regime as illustrated in the Union Budget 2025–26. Real-world scenarios may include surcharges & cesses.

Union Budget 2025–26

Personal Income Tax Reforms with Special Focus on Middle Class

New Tax Regime Calculator