CBDT rates
India income tax slabs
The bands below are the ones used by the India salary calculator. The current tax year is FY 2026-27; earlier years are kept so you can compare thresholds and rates.
India tax slabs FY 2026-27
Current year| Taxable income | Rate |
|---|---|
| INR 0 – INR 4,00,000 | 0% |
| INR 4,00,000 – INR 8,00,000 | 5% |
| INR 8,00,000 – INR 12,00,000 | 10% |
| INR 12,00,000 – INR 16,00,000 | 15% |
| INR 16,00,000 – INR 20,00,000 | 20% |
| INR 20,00,000 – INR 24,00,000 | 25% |
| Above INR 24,00,000 | 30% |
New regime. The old regime uses 5%, 20% and 30% bands.
Rates and thresholds are unchanged from FY 2025-26.
India tax slabs FY 2025-26
| Taxable income | Rate |
|---|---|
| INR 0 – INR 4,00,000 | 0% |
| INR 4,00,000 – INR 8,00,000 | 5% |
| INR 8,00,000 – INR 12,00,000 | 10% |
| INR 12,00,000 – INR 16,00,000 | 15% |
| INR 16,00,000 – INR 20,00,000 | 20% |
| INR 20,00,000 – INR 24,00,000 | 25% |
| Above INR 24,00,000 | 30% |
New regime. The old regime uses 5%, 20% and 30% bands.
Compared with FY 2024-25: the top band starts at INR 24,00,000 (was INR 15,00,000) and the top rate is 30% (was 30%).
India tax slabs FY 2024-25
| Taxable income | Rate |
|---|---|
| INR 0 – INR 3,00,000 | 0% |
| INR 3,00,000 – INR 7,00,000 | 5% |
| INR 7,00,000 – INR 10,00,000 | 10% |
| INR 10,00,000 – INR 12,00,000 | 15% |
| INR 12,00,000 – INR 15,00,000 | 20% |
| Above INR 15,00,000 | 30% |
New regime. The old regime uses 5%, 20% and 30% bands.
This is the earliest year in the data set.
Sources and review
Income tax slabs for FY 2026-27 (AY 2027-28). Budget 2026 left the FY 2025-26 slab structure unchanged; the Income-tax Act, 2025 applies from 1 April 2026.
Last reviewed 1 November 2026. How we source and check rates.