Quick Summary
The Finance Bill, 2026, has proposed no change in income-tax rates for the FY 2026-27 (AY 2027-28) across all categories of taxpayers. The existing tax slabs, surcharge structure, and health and education cess will continue to apply, ensuring rate stability for individuals, firms, companies and othe
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FAQ :
No, the Finance Bill 2026 has proposed no changes to income tax rates for FY 2026-27. Existing tax slabs and structures will continue.
No, the tax slab structure for individuals and HUFs under the default new tax regime (Section 115BAC) remains unchanged for FY 2026-27.
The tax slab rates for individuals and HUFs continuing under the old tax regime will also remain unchanged for FY 2026-27.
No, the tax rates for co-operative societies, domestic companies, and foreign companies, as well as the optional concessional regimes, remain the same as the previous year.
Surcharge rates will remain the same as FY 2025-26, with a continued cap for individuals under the new regime. The health and education cess will also be levied at the existing 4%.
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