{"id":4826,"date":"2026-02-11T20:30:00","date_gmt":"2026-02-11T15:00:00","guid":{"rendered":"https:\/\/tradebrains.in\/money\/?p=4826"},"modified":"2026-02-11T17:37:47","modified_gmt":"2026-02-11T12:07:47","slug":"how-much-tax-will-you-pay-in-fy-2026-27-new-tax-slabs-surcharge-calculations-explained","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/money\/how-much-tax-will-you-pay-in-fy-2026-27-new-tax-slabs-surcharge-calculations-explained\/","title":{"rendered":"How Much Tax Will You Pay in FY 2026\u201327? New Tax Slabs, Surcharge & Calculations Explained"},"content":{"rendered":"\n
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Synopsis<\/strong>: This article explains in detail the new income tax regime and old income tax regime, changes in these regimes with Budget 2026, deductions, surcharges, cess, rebates and everything you need to know about how much tax you will pay in FY 2026-27.<\/em><\/p>\n<\/blockquote>\n\n\n\n

With Budget 2026 bringing no changes to income tax slabs, many taxpayers are unsure about how the tax rules apply and which regime to choose. For FY2026-27, individuals can continue to choose between the old and the new tax regime. Both offer varied benefits.  <\/p>

\"scapia<\/a><\/div>\n\n\n\n

New Income Tax Regime for FY 2026-27<\/strong><\/h2>\n\n\n\n
Income Tax Slabs<\/strong><\/td>Income Tax Rate<\/strong><\/td><\/tr>
Up to \u20b94,00,000<\/td>Nil<\/td><\/tr>
\u20b94,00,001 to \u20b98,00,000<\/td>5%<\/td><\/tr>
\u20b98,00,001 to \u20b912,00,000 <\/td>10%<\/td><\/tr>
\u20b912,00,001 to \u20b916,00,000  <\/td>15%<\/td><\/tr>
\u20b916,00,001 to \u20b920,00,000 <\/td>20%<\/td><\/tr>
\u20b920,00,001 to \u20b924,00,000 <\/td>25%<\/td><\/tr>
\u20b924,00,000 and above<\/td>30%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Old Income Tax Regime for FY 2026-27 <\/strong><\/h2>\n\n\n\n
Income Tax Slabs<\/strong><\/td>Income Tax Rate<\/strong><\/td><\/tr>
Up to \u20b92,50,000<\/td>Nil<\/td><\/tr>
\u20b92,50,001 to \u20b95,00,000<\/td>5%<\/td><\/tr>
\u20b95,00,001 to \u20b910,00,000<\/td>20%<\/td><\/tr>
\u20b910,00,000 and above<\/td>30%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Old Income Tax Regime for FY 2026-27 For Senior Citizens<\/strong><\/h2>\n\n\n\n
Income Tax Slabs<\/strong><\/td>Income Tax Rate<\/strong><\/td><\/tr>
Up to \u20b93,00,000<\/td>Nil<\/td><\/tr>
\u20b93,00,001 to \u20b95,00,000<\/td>5%<\/td><\/tr>
\u20b95,00,001 to \u20b910,00,000<\/td>20%<\/td><\/tr>
\u20b910,00,000 and above<\/td>30%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Old Income Tax Regime for FY 2026-27 For Super Senior Citizens<\/strong><\/h2>\n\n\n\n
Income Tax Slabs<\/strong><\/td>Income Tax Rate<\/strong><\/td><\/tr>
Up to \u20b95,00,000<\/td>Nil<\/td><\/tr>
\u20b95,00,001 to \u20b910,00,000<\/td>20%<\/td><\/tr>
\u20b910,00,000 and above<\/td>30%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Standard Deduction<\/strong><\/h2>\n\n\n\n

Standard deduction is a fixed amount deducted from the salary or pension income of salaried individuals or pensioners before calculating taxable income. For FY2026-27, the standard deduction offered under the new tax regime stays at \u20b975,000, and under the old tax regime is \u20b950,000, implying there is no change in the standard deduction offered. <\/p>\n\n\n\n

For example, if your salary is \u20b912,75,000, with standard deduction, your taxable income will come down to \u20b912,00,000, which will make you eligible to claim rebate under Section 87A.<\/p>