income tax slab rates define how much tax the individuals should pay for different income groups. The income tax slabs relaxation is the biggest relief brought in the financial year 2025 -26, greatly reducing the tax liability for many. Other added benefits come from higher rebate limit and TDS threshold limits. Key Highlights Tax slab changes under the new regime for FY 2025 -26: Income up to Rs. 12 lakhs made zero- tax due to an increased rebate of Rs. 60,000. Basic exemption limit extended ... April 1, 2025 , marks the beginning of the new fiscal year—FY 2025 -26. As the new financial year begins, many new income tax laws take effect. It is important to take note of these new income tax laws. Learn about the new income tax slabs, rebate, exemption limit, and deductions for the financial year 2025 -26. Compare the new tax regime with the old tax regime and find out the pros and cons of each option. Save your taxes under the new regime by claiming eligible deductions. Know the popular and lesser known deductions and exemptions under the new regime !
