Free tools and comprehensive rate tables updated for FY 2025-26. No sign-up required.
Tax Slabs
Income Tax Rates FY 2025-26
1. New Regime โ All Individuals (Default)
Income Slab
Rate
Cumulative Tax
Up to โน4,00,000
Nil
โน0
โน4,00,001 โ โน8,00,000
5%
โน20,000
โน8,00,001 โ โน12,00,000
10%
โน60,000
โน12,00,001 โ โน16,00,000
15%
โน1,20,000
โน16,00,001 โ โน20,00,000
20%
โน2,00,000
โน20,00,001 โ โน24,00,000
25%
โน3,00,000
Above โน24,00,000
30%
โ
2. Old Regime โ By Age Category
Slab (Below 60)
Rate
Cumulative
Up to โน2,50,000
Nil
โน0
โน2,50,001 โ โน5,00,000
5%
โน12,500
โน5,00,001 โ โน10,00,000
20%
โน1,12,500
Above โน10,00,000
30%
โ
Slab (Senior 60-80)
Rate
Cumulative
Up to โน3,00,000
Nil
โน0
โน3,00,001 โ โน5,00,000
5%
โน10,000
โน5,00,001 โ โน10,00,000
20%
โน1,10,000
Above โน10,00,000
30%
โ
Slab (Super Senior 80+)
Rate
Cumulative
Up to โน5,00,000
Nil
โน0
โน5,00,001 โ โน10,00,000
20%
โน1,00,000
Above โน10,00,000
30%
โ
3. Corporate Tax Rates
Category
Rate
Effective Rate
Domestic Company (normal)
30%
~34.94%
Turnover โค โน400 Cr
25%
~29.12%
Section 115BAA (new manufacturing)
15%
~17.16%
Section 115BAB (concessional)
22%
~25.17%
Foreign Company (other income)
40%
โ
4. TDS Rate Chart โ Income Tax Act, 2025 (w.e.f. 1 April 2026)
Under the Income Tax Act, 2025, all 60+ TDS sections have been consolidated into Section 392 (salary) and Section 393 (non-salary). Rates and thresholds remain the same as Budget 2025. Old section numbers shown in brackets for reference.
Key change: New forms โ Form 130 (replaces Form 16), Form 131 (replaces Form 16A), Form 138 (replaces 24Q), Form 140 (replaces 26Q), Form 121 (replaces 15G/15H). "Tax Year" replaces "Assessment Year".
New Section
Nature of Payment
Old Section
Threshold (โน)
TDS Rate
SALARY โ Section 392
392(1)
Salary
192
Basic exemption limit
Slab rates
392
Premature EPF withdrawal
192A
50,000
10%
NON-SALARY (Residents) โ Section 393(1)
393(1) Sl.1
Interest on securities
193
10,000
10%
393(1) Sl.2
Dividends
194
10,000
10%
393(1) Sl.3
Interest โ Bank / Post Office
194A
50,000
10%
393(1) Sl.3
Interest โ Bank (Senior Citizen)
194A
1,00,000
10%
393(1) Sl.3
Interest โ Others
194A
10,000
10%
393(1) Sl.4
Lottery / crossword / gambling
194B
10,000
30%
393(1) Sl.4
Online gaming winnings
194BA
โ
30%
393(1) Sl.4
Horse race winnings
194BB
10,000
30%
393(1) Sl.6(i)
Contractor โ Individual / HUF
194C
30,000 / 1,00,000 agg.
1%
393(1) Sl.6(i)
Contractor โ Others
194C
30,000 / 1,00,000 agg.
2%
393(1) Sl.7
Insurance commission (Ind/HUF)
194D
20,000
2%
393(1)
Life insurance maturity
194DA
1,00,000
2%
393(1)
Commission / brokerage
194H
20,000
2%
393(1) Sl.10
Rent โ Plant & machinery
194-I(a)
50,000 /month
2%
393(1) Sl.10
Rent โ Land, building, furniture
194-I(b)
50,000 /month
10%
393(1)
Property purchase above โน50L
194-IA
50,00,000
1%
393(1)
Rent by Individual/HUF >โน50K/mo
194-IB
50,000 /month
2%
393(1) Sl.11
Technical services / call centre / royalty
194J(a)
50,000
2%
393(1) Sl.11
Professional fees
194J(b)
50,000
10%
393(1)
Mutual fund dividend
194K
10,000
10%
393(1)
Compensation โ immovable property
194LA
5,00,000
10%
393(1) Sl.6(ii)
Contract/commission by Ind/HUF
194M
50,00,000
2%
393(1)
Cash withdrawal > โน1 Cr
194N
1,00,00,000
2%
393(1)
E-commerce operator payments
194O
5,00,000
0.1%
393(1)
Purchase of goods > โน50L
194Q
50,00,000
0.1%
393(1)
Business perquisites / benefits
194R
20,000
10%
393(1) Sl.8(vi)
Virtual digital assets (crypto)
194S
10,000 / 50,000
1%
393(1)
Partner remuneration / salary / interest
194T
20,000
10%
NON-RESIDENTS โ Section 393(2)
393(2)
All payments to non-residents
195
Nil
As per Act / DTAA
393(2)
Non-resident sportsmen
194E
โ
20%
Section 206AB (higher TDS for non-filers) has been deleted. Form 121 replaces Forms 15G/15H for nil TDS declarations. Payment codes 1001โ1067 now used in TDS returns instead of old section numbers. Verify at incometax.gov.in
New TDS Forms under Income Tax Act, 2025
Form 130 โ replaces Form 16 (Salary TDS certificate)
Form 131 โ replaces Form 16A (Non-salary TDS certificate)
Form 138 โ replaces Form 24Q (Salary TDS return)
Form 140 โ replaces Form 26Q (Non-salary TDS return)
Form 141 โ replaces Forms 26QB/QC/QD/QE (unified)
Form 121 โ replaces Forms 15G/15H (nil TDS declaration)
Form 168 โ replaces Form 26AS (Annual Information)
Form 133 โ replaces Form 27D (TCS certificate)
5. Capital Gains Tax Rates
Asset
LTCG Holding
STCG
LTCG
Listed equity / equity MFs
12 months
20%
12.5% (above โน1.25L)
Unlisted shares
24 months
Slab rate
12.5%
Property
24 months
Slab rate
12.5%
Gold / jewellery
24 months
Slab rate
12.5%
Crypto / VDA
N/A
30% flat
6. GST Rate Structure
Rate
Applies To
Examples
0%
Essential goods
Fresh milk, vegetables, education, healthcare
5%
Mass consumption
Packaged food, economy travel, small restaurants
12%
Standard goods
Processed food, business class, IT services
18%
Most services
Professional services, financial services
28%
Luxury / demerit
Cars, tobacco, aerated drinks, luxury hotels
Disclaimer: The tax rates, thresholds, and information on this page are for general reference only and are compiled from publicly available sources including the Income Tax Department portal (incometax.gov.in), Finance Act, and CBDT notifications. While we strive for accuracy, tax laws are subject to change through amendments, notifications, and judicial interpretations. This content does not constitute professional tax advice. Always verify rates against the latest Finance Act, CBDT circulars, and official notifications before relying on them for compliance purposes. For advice specific to your situation, please consult our experts. Last reviewed: May 2026.