India income tax rates
Resident individual income tax slabs under the default new regime (s.115BAC of the 1961 Act; s.202 of the Income-tax Act, 2025), annual taxable income in INR. Old regime remains optional.
| Current value | 7 entries — see the API for the full schedule |
|---|---|
| In force from | 2025-04-01 |
| Official source | Income Tax Department e-filing portal, individual tax-rates help page for AY 2026-27 (new regime slabs enacted by Finance Act, 2025; carried into the Income-tax Act, 2025 (s.202) and continued unchanged by Finance Act, 2026 for tax year 2026-27) |
| Last verified | 2026-07-20 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Slabs of the DEFAULT new regime, in force from FY 2025-26 (2025-04-01) and unchanged by Budget/Finance Act 2026 for tax year 2026-27 under the new Income-tax Act, 2025 (in force 2026-04-01; s.115BAC re-enacted as s.202, rebate s.87A as s.156). Rebate: resident individuals with taxable income up to INR 1,200,000 pay zero tax (rebate capped at INR 60,000, with marginal relief just above the threshold); with the INR 75,000 salaried standard deduction, salary income up to INR 1,275,000 is effectively tax-free — note the 5-25% bands still apply in computing tax above the rebate threshold. Surcharge: 10% (income > Rs 50 lakh), 15% (> Rs 1 crore), 25% (> Rs 2 crore; capped at 25% in the new regime); Health & Education Cess 4% on tax+surcharge. Optional OLD regime (opt-out, with deductions/exemptions): nil to 250,000; 5% to 500,000; 20% to 1,000,000; 30% above; rebate to INR 12,500 at income <= 500,000; 37% top surcharge; higher basic exemption for seniors (300,000/500,000) applies in the old regime only. Slab boundaries confirmed on the official e-filing portal help page (loaded); no separate slab for capital gains here — special rates apply to specified capital gains/lotteries.
Get it programmatically
curl https://asiaref.dev/v1/in/income-tax
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://asiaref.dev/v1/in/income-tax/history?from=2020-01-01
# Provenance: curl https://asiaref.dev/provenance/in/income-taxOther India series: policy interest rate · VAT rate · minimum wage · public holidays · inflation rate (CPI) · corporate tax rate