Question 1

Which tax regime is better in 2026?

Accepted Answer

It depends on your deductions. If your total deductions (80C, HRA, home loan, NPS) exceed ₹3.75 lakh, old regime usually saves more. If your deductions are less, new regime is better. Use our free calculator to find out exactly.

Question 2

What is the new tax regime slab for FY 2025-26?

Accepted Answer

New regime slabs: ₹0-4L: 0%, ₹4-8L: 5%, ₹8-12L: 10%, ₹12-16L: 15%, ₹16-20L: 20%, ₹20-24L: 25%, above ₹24L: 30%. Income up to ₹12L gets full tax rebate under 87A.

Question 3

Is income up to 12 lakh tax free in 2026?

Accepted Answer

Yes. Under the new tax regime, if your taxable income is up to ₹12 lakh after standard deduction of ₹75,000, you get full tax rebate under Section 87A and pay zero tax.

Question 4

Can I switch tax regime every year?

Accepted Answer

Salaried employees can switch between old and new regime every year. Business owners can switch only once from new to old regime.