The Income Tax Department has introduced new income tax slabs for the financial year 2025-26, effective from April 1, 2025. Under the new regime, individuals can benefit from not paying taxes on taxable income up to Rs 12 lakh. The revised income tax slabs for FY 2025-26 feature distinct rates for different income brackets, along with comprehensive tax liability computations for incomes surpassing Rs 12 lakh. This move aims to provide relief to taxpayers and simplify the tax structure. Taxpayers in India are encouraged to familiarize themselves with these new slabs to ensure compliance and maximize savings. Stay updated with the latest income tax regulations to optimize your financial planning and minimize tax liabilities.