Income Tax Slab For Ay 2025-26 Pdf. These include making annual income of up to rs 10 lakh tax free and introducing a new 25% tax slab for annual income between rs 15 lakh and rs 20 lakh. Old tax regime vs new tax regime:
Thus, persons in the new tax regime, with income up to โน 7 lakh will not have to pay any tax,โ the minister announced in her budget speech on february 1, 2023. These include making annual income of up to rs 10 lakh tax free and introducing a new 25% tax slab for annual income between rs 15 lakh and rs 20 lakh, business standard.