Income Tax changes Financial Year 2025-26

StaffingGo application has been enhanced with the latest budget updates for 2025-26

We've made important improvements to the TDS calculation process, ensuring it aligns seamlessly with employee salary inputs and TDS declarations. These updates are designed to provide a smoother, more accurate experience for both employees and administrators

As per Last Budget - Old Tax Regime - No Changes from previous Financial Year.

• New Tax regime Tax Rebate Limit
  

  Old Value	New Value
  7,00,000.00	12,00,000.00

  
  
• Surcharge on Annual Taxable Income:
  

  Annual Taxable Income	New Value	Old Value
  Over ₹50 Lakh and up to ₹1 crore	10%	10%
  Over ₹1 crore and up to ₹2 crore	15%	15%
  Over ₹2 crore and up to ₹5 crore	25%	25%
  Over ₹5 crore	37%	25%

  
  
• New Tax Regime – Revised Slab Rates:
  

  Old Value			New Value
  From	To	Tax  Percentage	From	To	Tax  Percentage
  -	3,00,000.00	0%	-	4,00,000.00	0%
  3,00,001.00	7,00,000.00	5%	4,00,001.00	8,00,000.00	5%
  7,00,001.00	10,00,000.00	10%	8,00,001.00	12,00,000.00	10%
  10,00,001.00	12,00,000.00	15%	12,00,001.00	16,00,000.00	15%
  12,00,001.00	15,00,000.00	20%	16,00,001.00	20,00,000.00	20%
  15,00,001.00	Above	30%	20,00,001.00	24,00,000.00	25%
  			24,00,001.00	Above	30%

Updated Tax Computation Sheet is available with StaffingGo Support team, Pls reach out to support@staffinggo.in for more information.