🇮🇳 India Tax Brackets 2026
India new-regime tax slabs FY 2026-27. All figures sourced from official publications — see sources below.
| Taxable income | Rate |
|---|---|
| Up to ₹4,00,000 | 0% |
| ₹4,00,000 – ₹8,00,000 | 5% |
| ₹8,00,000 – ₹12,00,000 | 10% |
| ₹12,00,000 – ₹16,00,000 | 15% |
| ₹16,00,000 – ₹20,00,000 | 20% |
| ₹20,00,000 – ₹24,00,000 | 25% |
| Over ₹24,00,000 | 30% |
A §87A rebate makes taxable income up to ₹12 lakh effectively tax-free. The old regime has fewer, higher slabs but allows deductions. A 4% cess applies on tax.
Sources
- New & old regime slabs FY 2025-26 / AY 2026-27 (unchanged for FY 2026-27); standard deduction; 87A. (retrieved 2026-06-22)
- Income Tax Department — slab rates for salaried individuals (official). (retrieved 2026-06-22)
- §87A rebate: new regime up to ₹60,000 (taxable ≤ ₹12L); old regime up to ₹12,500 (taxable ≤ ₹5L). (retrieved 2026-06-22)
- State-wise professional tax slabs/max amounts for FY 2026-27, cross-checked against saral.pro and factohr.com. Corrected two rows: Jammu & Kashmir (was ₹2,500, corrected to ₹0 — J&K as a UT does not levy professional tax) and Chhattisgarh (was ₹0, corrected to ₹2,400 — the Chhattisgarh Vritti Kar Adhiniyam, 1995 does levy PT up to ₹2,400/year). Confirmed Punjab's ₹2,400/year 'development tax' under the Punjab State Development Tax Act, 2018 (amended 2025) remains active, and that Delhi/UP/Rajasthan/Haryana/Uttarakhand/Goa/HP/Chandigarh genuinely levy no professional tax. (retrieved 2026-07-02)
Frequently Asked Questions
+What are the India tax brackets for 2026?
New regime (default), taxable income after the ₹75,000 standard deduction. FY 2026-27. A §87A rebate makes taxable income up to ₹12 lakh effectively tax-free. The old regime has fewer, higher slabs but allows deductions. A 4% cess applies on tax.
+Where can I check my exact take-home pay?
Use our free India salary calculator to apply these 2026 brackets to your salary and see your net monthly take-home with a full breakdown.
Estimate only — not tax advice. Figures are estimates based on publicly available tax rules and may not reflect your full circumstances. See our methodology & sources (last reviewed June 2026). Always confirm with an official tax authority or a licensed adviser before making decisions.