Which tax regime is applicable for FY 2025-26?

Can anybody confirm which tax regime is applicable for April 2025 to March 2026 year? Will it be new tax regime? Also, if it is new regime would it be 7 lakh exempt one or the latest announced 12 lakh exempt one?

11mo ago

DizzyBanana

Accenture

11mo

New tax regime will be default with 12 lakh exemption limit.

WobblyPancake

Infosys

11mo

It should be 12 lac one

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