IT Act 1961 → 2025 / Salaried employees
Everything that matters to a salaried taxpayer under the Income-tax Act, 2025 — old section, new section, and what each regime allows. Each card links to the full old-vs-new page.
Tax year 2026-27 (FY 2026-27) · Income-tax Act, 2025 as amended by Finance Act 2026 · allowance limits from the Income-tax Rules, 2026
Section 202 (old 115BAC); old-regime rates set by the Finance Act
Section 156 (old 87A)
Section 202(4)
Finance Act rates
Section 19(1) Table Sl. No. 2 (old 16(ia))
Section 19(1) Table Sl. No. 1 (old 16(iii))
Section 19(1) Table Sl. Nos. 3–14 (old 10(10), 10(10A), 10(10AA), 10(10C))
Old 16(ii)
Section 17 (old 17(2))
Schedule III Sl. No. 11 + Rule 279 (old 10(13A), Rule 2A)
Schedule III Sl. No. 8 (old 10(5))
Schedule III Sl. No. 13 + Rule 280 (old 10(14))
Section 17 perquisite rules (Rules 2026)
Section 123 read with Schedule XV
Section 124 (old 80CCD)
Section 126
Section 22 (old 24); 130 (80EE); 131 (80EEA)
Section 129 (80E), 127 (80DD), 128 (80DDB)
Section 134 (80GG), 133 (80G), 153 (80TTA/80TTB)
Section 93 (old 57(iia))
Section 392 (old 192)
Section 263(1), 428(a) (old 139(1), 234F)
Section 263(5), 263(6), 267 (old 139(5), 139(8A), 140B)
Section 157 (old 89)
Section 123 read with Schedule XV of the Income-tax Act, 2025, with the same ₹1.5 lakh limit, under the old regime only.
No. HRA (Schedule III, Sl. No. 11) is excluded under section 202(2)(a). Under the old regime, 50% of salary applies in eight cities from 2026-27 (Rule 279).
₹75,000 under the new regime and ₹50,000 under the old regime (section 19(1), Table Sl. No. 2).
Under the new regime, total income up to ₹12 lakh gets a full rebate (section 156), so salary up to ₹12.75 lakh is effectively tax-free after the ₹75,000 standard deduction.
Yes. Without business income, the choice is made each year in the original return filed by the due date (section 202(4)).