New tax regiments: The proposed new tax regimes were used from April 1, 2025. Taxpayers can select revised tax platform rates for the income generated in the 2025-26 financial year.
New tax regiments: The 2025-26 financial year began on April 1, and control panels for the new tax regime were also put into force. Taxpayers for the income generated in the 2025-26 financial year can submit their income tax within the framework of the revised new tax regime, which was announced in February 2025 during the budget of Finance Minister Nirmala Sitharaman in February this year. However, taxpayers still have the option of submitting their income tax return (ITR) as part of the old tax regime. The revised new tax regime can help save a significant amount every month. In some cases, according to a study by Bankbazaar.com, you can save almost 10,000 RS per month. “The new income tax panels are getting in at the beginning of a new financial year. Your tax -free income will increase according to the new tax regime, which has now become a default regime, says adhil shetty, CEO from Bankbazaar.com.
“The new rules affect every taxpayer base.
Compared to new tax regulations, which were out of date from March 31, 2025, note how much monthly amount you may save salary classes from 10 LAKH to 50 LAKH if you submit your ITR as part of the revised new tax regime.
New regimenuer plates
Let’s see which control panels were in the new tax regime that applies to the 2024-25 financial year.
Revised new regimenuer plates
Now see what the main changes for the new tax regime are.
Main features of the revised tax regime (tax -free limit)
The most striking feature is the tax -free limit of RS 12 Lakh for people without a salt class and 12.75 rupees for people with employees. In the previous tax regime, the tax -free border was RS 7 Lakh.
Income tax discount
The maximum income tax discount for a taxpayer in accordance with Section 87a of the 1961 Income Tax Act is 60,000 RS. According to revised new regimental plates, the tax is 60,000 RS. But after the discount, the tax becomes 0.
RS 75,000 standard deduction for individuals of the employee class
Individuals in Salaried class receive an additional standard deduction of 75,000 RS. This increases your income tax-free limit to 12,75,000 rupees.
Border tax relief
Many taxpayers may think, what if they earn 5,000 RS or 10,000 RS more than the tax -free income limit? ‘Do you have to pay taxes on your entire income or incremental income? The concept of marginal relief will work for such people. If the income of a taxpayer is slightly above the tax -free limit, your tax can no longer be more than your incremental income.
Tax savings for RS 10 LAKH-RS 12.5 LAKH income
New tax regime for the GJ2425-44.200
New tax regime for GJ2526-0
Amount you save (annually)- RS 44,200
Amount you save (monthly)- RS 3,683
- Tax savings at 12.5 LAKH income
New tax regime for the fiscal year2425-RS 79,300
New tax regime for GJ2526-0
Amount you save (annually)- RS 79,300
Amount you save (monthly)- RS 6.608
Tax saving for RS 15 Lakh, 17.5 Lakh
- Tax savings at 15 LAKH income
New tax regime for the fiscal year2425-RS 1,30,000
New tax regime for the fiscal year2526-RS 97,50000
Amount you save (annually)- RS 32,500 RS
Amount you save (monthly)- RS 2,708
- Tax saving with 17.5 LAKH income
New tax regime for the fiscal year2425-RS 2.00.2,000
New tax regime for the fiscal year 2526-RS 1.40,400
Amount you save (annually)- 59,800 RS
Amount you save (monthly)- RS 4,983
Tax savings for RS 20 Lakh, 25 Lakh income
New tax regime for the GJ 2425-RS 2,78,000 RS
New tax regime for the fiscal year 2526-RS 1.92,400
Amount you save (annually)- RS 85,600
Amount you save (monthly)- RS 7.133
New tax regime for the fiscal year2425-RS 4.34,200
New tax regime for the fiscal year2526-RS 3.19,7999999
Amount you save (annually)- RS 1.14.401 RS
Amount you save (monthly)- RS 9.533
Tax savings for RS 30 Lakh, 35 LAKH income
- Tax savings at 30 LAKH income
New tax regime for the fiscal year2425-RS 5.90,200
New tax regime for the fiscal year 2526-RS 4.75,7999999
Amount you save (annually)- RS 1.14.401 RS
Amount you save (monthly)- RS 9.533
- Tax savings at 35 LAKH income
New tax regime for the fiscal year2425-RS 7.46,200
New tax regime for the fiscal year 2526-RS 6.31,7999999
Amount you save (annually)- RS 1.14.401 RS
Amount you save (monthly)- RS 9.533
Tax savings for RS 40 Lakh, RS 50 Lakh income
- Tax savings at 40 LAKH income
New tax regime for the fiscal year 2425-RS 9.02.200
New tax regime for the fiscal year 2526-RS 7.87,7999999
Amount you save (annually)- RS 1.14.401 RS
Amount you save (monthly)- RS 9.533
- Tax savings at 45 LAKH income
New tax regime for the fiscal year2425-RS 10.58,200
New tax regime for the fiscal year2526-RS 9.43,79999999999
Amount you save (annually)- RS 1.14.401 RS
Amount you save (monthly)- RS 9.533
- Tax savings at 50 LAKH income
New tax regime for the fiscal year2425-RS 12.14.200
New tax regime for the fiscal year2526-RS 10.99,7999999
Amount you save (annually)- RS 1.14.401 RS
Amount you save (monthly)- RS 9.533
