FY 2026–27 Tax Slabs: Continuity Prevails Across Old and New Regimes

For the financial year 2026–27, the income tax slab structure under both the old and new tax regimes remains substantively unchanged, notwithstanding the commencement of the Income-tax Act, 2025 from 1 April 2026, with the legislative transition directed toward simplification, reorganisation, and improved interpretability rather than alteration of tax rates, thereby preserving continuity in tax incidence while allowing taxpayers to continue exercising the option between the deduction-intensive old regime and the streamlined new regime characterised by lower rates and minimal exemptions, and reaffirming that the shift is structural and procedural rather than fiscal in immediate effect.