FY 2025-26 (AY 2026-27) · New & Old regime · Includes surcharge, cess & 87A rebate
Tax Regime
Income Details
Rules Applied
· Rebate 87A: full rebate up to ₹12L (new) or ₹5L (old). Not on STCG/LTCG.
· Surcharge: 10% above ₹50L; 15% above ₹1Cr; 25% above ₹2Cr (new cap 25%; old: 37% above ₹5Cr).
· 4% Health & Education Cess on tax + surcharge. Marginal relief applied.
Taxable income
₹12.00 L
Base tax on slabs
₹60,000
Surcharge
₹0
Cess (4%)
₹0
Total tax liability (new regime)
₹0
Effective rate
0.0%