New Tax Regime Changes: FY 2024-25 vs FY 2025-26

Compare slabs, standard deduction, rebate & marginal relief — plus estimate your tax instantly.

On-Page Navigation

Explore the topic in a logical, entity-driven structure. Each chip jumps to a section.

Overview: What changed in the New Tax Regime?

The New Tax Regime continues to simplify personal taxation by using fewer deductions and wider income slabs. For FY 2025-26, slabs are expanded, the standard deduction increases, the Section 87A rebate threshold rises, and a formal marginal relief ensures a smooth transition just above the rebate limit.

Note: Numbers here are planning estimates. Always verify your financial-year rules and consult a professional before filing.

Quick Tax Comparison Calculator

Annual Income (₹)
Include 4% Health & Education Cess

We compare **New Regime** only for both FYs with the slab defaults shown below.

Tax FY 2024-25

₹0

Tax FY 2025-26

₹0

Savings (25-26 vs 24-25)

₹0

Effective Rate 24-25

0%

Effective Rate 25-26

0%

Monthly Difference

₹0

FY 2024-25

Tax Slabs (New Regime)

Income Range (₹)Tax Rate
Up to 3,00,000Nil
3,00,001 – 6,00,0005%
6,00,001 – 9,00,00010%
9,00,001 – 12,00,00015%
12,00,001 – 15,00,00020%
Above 15,00,00030%

Key Features

  • Standard Deduction: ₹50,000
  • Section 87A Rebate: No tax if taxable income ≤ ₹7,00,000
  • No explicit marginal relief band

FY 2025-26

Tax Slabs (New Regime)

Income Range (₹)Tax Rate
Up to 4,00,000Nil
4,00,001 – 8,00,0005%
8,00,001 – 12,00,00010%
12,00,001 – 16,00,00015%
16,00,001 – 20,00,00020%
20,00,001 – 24,00,00025%
Above 24,00,00030%

Key Features

  • Standard Deduction: ₹75,000
  • Section 87A Rebate: No tax if taxable income ≤ ₹12,00,000
  • Marginal Relief band: ₹12,00,001 – ₹12,75,000
  • Maximum tax-free income incl. relief: ₹12,75,000

Key Changes in FY 2025-26

These figures are provided for planning/education. Confirm the applicable rules for your filing year.

Standard Deduction

The flat deduction reduces your taxable salary without proofs. It is ₹50,000 for FY 2024-25 and ₹75,000 for FY 2025-26 under the New Regime for eligible salaried and pensioners.

Section 87A Rebate

If your taxable income does not exceed the threshold, your income-tax becomes zero after rebate.

Marginal Relief (FY 2025-26)

To avoid a “tax jump” immediately above ₹12L, marginal relief limits tax such that:

Tax Payable ≤ Income − ₹12,00,000 (up to approx. ₹12,75,000 where the slab tax naturally becomes lower than the cap).

Who benefits from the 2025-26 changes?

Worked Examples (New Regime)

Annual IncomeTax 24-25Tax 25-26Change

FAQs

Does the calculator include cess?

Yes, toggle the switch to include or exclude 4% Health & Education Cess.

Are deductions like 80C available here?

The New Regime largely forgoes common deductions. This page focuses on standard deduction, 87A rebate, and marginal relief. Use the main CTC Calculator to model full salary structures.

Is this page enough for filing returns?

No. It’s for planning and learning. Always verify official rules for your assessment year and consult a professional.