New Tax Regime Changes: FY 2024-25 vs FY 2025-26

Compare tax calculations and savings under the new tax regime for both financial years

Tax Calculator

Annual Income (₹)

FY 2024-25

Tax Slabs

Income Range (₹)	Tax Rate
Up to 3,00,000	Nil
3,00,001 - 6,00,000	5%
6,00,001 - 9,00,000	10%
9,00,001 - 12,00,000	15%
12,00,001 - 15,00,000	20%
Above 15,00,000	30%

Key Features

Standard Deduction: ₹50,000
Tax Rebate up to ₹7,00,000 income
No marginal relief provision

FY 2025-26

Tax Slabs

Income Range (₹)	Tax Rate
Up to 4,00,000	Nil
4,00,001 - 8,00,000	5%
8,00,001 - 12,00,000	10%
12,00,001 - 16,00,000	15%
16,00,001 - 20,00,000	20%
20,00,001 - 24,00,000	25%
Above 24,00,000	30%

Key Features

Standard Deduction: ₹75,000
Tax Rebate up to ₹12,00,000 income
Marginal Relief between ₹12L - ₹12.75L
Maximum tax-free income: ₹12,75,000

Key Changes in FY 2025-26

Increased basic exemption limit from ₹3L to ₹4L
Added new tax slab of 25% for income between ₹20L - ₹24L
Enhanced standard deduction from ₹50,000 to ₹75,000
Increased tax rebate limit from ₹7L to ₹12L
Introduction of marginal relief for income slightly above ₹12L
Restructured tax slabs with wider ranges for better tax distribution