Income tax for salaried people
Slabs, the old and new regime, deductions and planning, explained in plain English for FY 2026-27. 6 posts, every fact checked against official sources.
Income taxTax planning for salaried employees in FY 2026-27Good tax planning starts with one choice: the old or the new regime. Then you use what that regime allows, on time. Here's the whole plan on one page.
Income taxHow much should you save each month? A goal plan for salaried peoplePrice each goal for the year you need it, not today. Then save for it monthly, starting now. A year's delay on a 20-year SIP can cost over ₹12 lakh.
Income taxStandard deduction for FY 2026-27: ₹75,000 in the new regimeEvery salaried person and pensioner gets a flat deduction from salary, with no bills or proof: ₹75,000 under the new regime, ₹50,000 under the old one.
Income taxIncome tax slabs for FY 2026-27, with the tax at common salariesThe slabs for FY 2026-27 (tax year 2026-27) are the same as last year. Under the new regime, a salary of up to ₹12.75 lakh pays no tax.
Income taxThe Income-tax Act, 2025: what changes for salaried peopleA new law replaced the Income-tax Act, 1961 from 1 April 2026. For most salaried people, the tax you pay doesn't change. The words and some rules do.
Income taxOld vs new tax regime for FY 2026-27: which should you choose?The new regime has lower rates but almost no deductions. Here's how to tell which one leaves you more.
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