Zero Tax on ₹12 Lakh Income: New vs Old Regime Explained (FY 2026-27)
Updated November 2026: we reviewed this article against current official sources. Correction: since FY 2025-26, the new tax regime gives zero tax on taxable income up to ₹12 lakh (₹12.75 lakh gross salary after the ₹75,000 standard deduction), thanks to the enhanced Section 87A rebate. Budget 2026 kept this unchanged for FY 2026-27. Our earlier […]
