New Tax slabs - 0-₹4L - 0% 4L-₹8L - 5% 8L-₹12L - 10% 12L-₹16L - 15% 16L-₹20L - 20% 20L-₹24L - 25% More than 24 lacs - 30% Note - People earning upto 12 lacs or salaried People earning upto 12.75 Lacs are eligible for a Rebate upto 80k, thus effectively 0 Tax.