Last Updated: June 2026 — Please see our comprehensive Income Tax Slabs page for the complete FY 2025-26 tax rates with charts and comparison tables.
New Tax Regime Rates (Default) – FY 2025-26
| Income Slab | Tax Rate |
|---|---|
| Up to Rs. 4,00,000 | Nil |
| Rs. 4L – Rs. 8L | 5% |
| Rs. 8L – Rs. 12L | 10% |
| Rs. 12L – Rs. 16L | 15% |
| Rs. 16L – Rs. 20L | 20% |
| Rs. 20L – Rs. 24L | 25% |
| Above Rs. 24L | 30% |
Zero tax for income up to Rs. 12,75,000 for salaried individuals (Section 87A rebate of Rs. 60,000 + standard deduction Rs. 75,000).
1) i’ve started a new business in 2010. so please tell me , the tax paying rule. total income i have gained is less than 2 lakh.
2) how much years back tax could be returned ??
Dear Mr. Verma,
1. Where the total income does not exceed Rs. 2,00,000/-. NIL
2. Where the total income exceeds Rs. 2,00,000/- but does not exceed Rs. 5,00,000/- — 10% of amount by which the total income exceeds Rs. 2,00,000/-.
Less : Tax Credit – 10% of taxable income upto a maximum of Rs. 2000/-.
3. Where the total income exceeds Rs. 5,00,000/- but does not exceed Rs. 10,00,000/-. — Rs. 30,000/- + 20% of the amount by which the total income exceeds Rs. 5,00,000/-.
4. Where the total income exceeds Rs. 10,00,000/-. —– Rs. 130,000/- + 30% of the amount by which the total income exceeds Rs. 10,00,000/-.
Note – If you are doing any business, as an individual or proprietor, other than the business of plying, hiring, or leasing of goods carriage as given in section 44AE then you can compute your gross total income @8% of total receipts from such business. for e.g. 2,00,000 * 8% = Rs. 16,000/- is your income on which you have to pay tax after deducting deductions u/c VIA (LIC,PF etc). In this case tax payable is NIL.
Hope it would help u.
for any other advise mail me at akg144@icai.org
Amit Kumar
Sir,
I want to know whether I can file ITR-2 for the AY 2014-2015 in the same format of AY 2013-2014 ? Or any new form for AY 2014-2015 has been prescribed? If so can I download it from which web site?
I WANT ASST YEAR 2014-2015 manual application ple help
Its is a good site
Refund amount for the year 2009/20010 has not been received till date my ITO submitted so many fresh requests but all invain cheque was send to me but it was not properly delivered to me my pan no ACUPS3666C for the year mentioned above the cheque was not delivered to me which is still pending
What is the procedure to get IT refund for the FY 2014-2015
Sir file your income tax return and refund will be credited to your account within 4-5 months.
Sir I have filled my ITR-5
Yet now ihave not received incom tax refund for
A Y 2014-15
PAN CFNPS8140B
i have one query about tax:-
suppose in the family father has passed away and mother is not working .if elder sister is working and she is paying School fees for his brother so she can eligible for Tax exemption .please tellme
Only Parents can claim tax benefit under section 80C for tution expense payment.
i have submitted my itr refund for the assment year 2013-2014 still i have not recerived it is showing that Your assessing officer has not sent this refund to Refund Banker.
You can not do anything, just wait and watch.