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TDS Guide · FY 2025-26 · AY 2026-27

TDS on Salary —
New Tax Regime

The new regime is the default. See the FY 2025-26 slabs your employer uses to deduct monthly TDS, the ₹75,000 standard deduction, the ₹60,000 rebate that makes salary up to ₹12.75 lakh tax-free, and worked TDS examples.

Updated for FY 2025-26 New regime = default Zero tax up to ₹12.75L
₹4LNil-tax slab starts above
₹75,000Standard deduction
₹60,000Rebate u/s 87A
₹12.75LTax-free salary
Quick Answer

Under the new tax regime (the default) for FY 2025-26, your employer deducts TDS on salary under Section 192 using slab rates — nil up to ₹4 lakh, then 5%, 10%, 15%, 20%, 25% and 30%. A ₹75,000 standard deduction and a ₹60,000 rebate under Section 87A (for taxable income up to ₹12 lakh) mean zero tax — and zero TDS — on salary up to ₹12.75 lakh. Above that, tax is computed on the slabs plus 4% cess.

Standard deduction ₹75,000
Rebate u/s 87A ₹60,000
Tax-free salary ₹12.75L
Cess on tax 4%
FY 2025-26 · Default

New Tax Regime Slabs Used for Salary TDS

These are the Section 115BAC slab rates your employer applies to projected annual salary (after the ₹75,000 standard deduction) to work out monthly TDS. There is no HRA, 80C or 80D relief in the new regime. See the full TDS rate chart 2025-26.

Taxable income slabTax rate
Up to ₹4,00,000Nil
₹4,00,001 – ₹8,00,0005%
₹8,00,001 – ₹12,00,00010%
₹12,00,001 – ₹16,00,00015%
₹16,00,001 – ₹20,00,00020%
₹20,00,001 – ₹24,00,00025%
Above ₹24,00,00030%

Slabs are on income after the ₹75,000 standard deduction. Section 87A rebate up to ₹60,000 makes tax nil for taxable income ≤ ₹12,00,000. Health & Education Cess of 4% applies on the tax after rebate; surcharge applies above ₹50 lakh. Budget 2026 kept these slabs unchanged.

The rebate is a cliff, not a taper

The ₹60,000 rebate under Section 87A applies only up to ₹12 lakh of taxable income (₹12.75 lakh salary after standard deduction). Cross that by even a rupee and the rebate is lost, so TDS jumps from nil to slab tax on the amount above ₹4 lakh — marginal relief softens the edge just past the limit.

Worked out

TDS on Salary — New Regime Examples

Annual tax and indicative monthly TDS at common salary levels, using only the ₹75,000 standard deduction (no other deductions except employer NPS under Section 80CCD(2)).

Gross salaryTaxable (after ₹75k)Tax on slabs87A rebateCess 4%Annual taxMonthly TDS
₹8,00,000₹7,25,000₹16,250−₹16,250₹0₹0₹0
₹12,00,000₹11,25,000₹52,500−₹52,500₹0₹0₹0
₹12,75,000₹12,00,000₹60,000−₹60,000₹0₹0₹0
₹15,00,000₹14,25,000₹97,500Nil (>₹12L)₹3,900₹1,01,400₹8,450
₹20,00,000₹19,25,000₹2,18,750Nil₹8,750₹2,27,500₹18,958
₹30,00,000₹29,25,000₹5,18,750Nil₹20,750₹5,39,500₹44,958

Illustrative; assumes salary only and the standard deduction alone. Actual monthly TDS is re-projected each month as salary and declarations change. Surcharge (not shown) applies above ₹50 lakh.

Salary ₹12,75,000 — new regime

Gross salary₹12,75,000
Less: standard deduction−₹75,000
Taxable income₹12,00,000
Tax on slabs₹60,000
Less: 87A rebate−₹60,000
Annual TDS₹0

Salary ₹15,00,000 — new regime

Taxable income₹14,25,000
Tax on slabs₹97,500
87A rebateNil
Add: 4% cess₹3,900
Annual TDS₹1,01,400

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Employer side

How Employers Compute Monthly Salary TDS

Under Section 192 the employer estimates the year’s tax on projected salary and spreads it evenly across the remaining months, adjusting whenever the estimate changes.

Collect declarationRegime choice via Form 12BB — new regime is the default
Compute annual taxProject salary, less ₹75k, apply slabs, 87A rebate & 4% cess
Deduct & depositMonthly TDS to challan by the 7th; report in Form 24Q
  • Hold a valid TAN before deducting
  • Collect Form 12BB (regime + any old-regime proofs)
  • Deduct TDS each month on payment of salary
  • Deposit challan by the 7th of the next month
  • File quarterly Form 24Q (salary TDS return)
  • Issue Form 16 (Parts A & B) by 15 June
New regime is the default

For FY 2025-26 the new regime applies automatically. An employee wanting the old regime for TDS must tell the employer in writing at the start of the year (via Form 12BB). The regime chosen for TDS can still be switched at ITR time for a salaried employee — excess TDS is refunded, any shortfall is paid as self-assessment tax.

File your Form 24Q and issue Form 16 correctly and on time.

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Compare

New vs Old Regime — What Changes for Salary TDS

The regime you declare decides which deductions your employer can consider before computing TDS. The new regime trades away most exemptions for lower slab rates and a bigger rebate.

0%

New regime (default)

  • Standard deduction ₹75,000
  • Section 87A rebate ₹60,000 (income ≤ ₹12L)
  • Zero tax up to ₹12.75L salary
  • No HRA / 80C / 80D / home-loan interest
  • Employer NPS 80CCD(2) still allowed
vs
Opt-in

Old regime (via Form 12BB)

  • Standard deduction ₹50,000
  • Section 87A rebate ₹12,500 (income ≤ ₹5L)
  • HRA, LTA & home-loan interest allowed
  • 80C up to ₹1.5L, 80D health cover
  • Best where deductions are large
FeatureNew regimeOld regime
Standard deduction₹75,000₹50,000
HRA exemptionNoYes
80C / 80DNoYes
Home-loan interest (24b)NoYes
Employer NPS 80CCD(2)YesYes
87A rebate₹60,000 (≤₹12L)₹12,500 (≤₹5L)

Regime declared to the employer only fixes TDS; a salaried employee can still choose the other regime when filing the ITR.

Short deduction is on the employer

If the employer fails to deduct or short-deducts salary TDS, it becomes an assessee-in-default — interest at 1% per month (non-deduction) / 1.5% (non-payment) under Section 201, plus a penalty equal to the tax under Section 271C. On joining mid-year, give the new employer Form 12B so previous salary and TDS are counted.

Government sourcesSlabs & rebate: incometax.gov.in — Section 115BAC / Section 87A, Budget 2025 · TDS on salary: Section 192, Income-tax Act (Form 24Q / Form 16) · Standard deduction ₹75,000 & ₹60,000 rebate — Finance Act 2025 (FY 2025-26) · New regime default & ITR-time switch: CBDT / Income-tax Act 2025 (AY 2026-27)
People also ask

TDS on Salary (New Regime) — Frequently Asked Questions

Slabs & Rebate
What are the new tax regime slabs for salary TDS in FY 2025-26?
Under the default new regime for FY 2025-26 (AY 2026-27), income is taxed at: nil up to ₹4,00,000; 5% for ₹4,00,001–₹8,00,000; 10% for ₹8,00,001–₹12,00,000; 15% for ₹12,00,001–₹16,00,000; 20% for ₹16,00,001–₹20,00,000; 25% for ₹20,00,001–₹24,00,000; and 30% above ₹24,00,000. Slabs apply on income after the ₹75,000 standard deduction, and a 4% health & education cess is added on the tax after rebate. Budget 2026 kept these slabs unchanged.
Up to what salary is there no TDS under the new regime?
There is no TDS on salary up to ₹12.75 lakh under the new regime. The ₹75,000 standard deduction brings ₹12.75 lakh salary down to ₹12 lakh taxable income, and the Section 87A rebate of ₹60,000 wipes out the tax on income up to ₹12 lakh — so the annual tax, and therefore the monthly TDS, is nil.
What is the standard deduction on salary under the new regime?
The standard deduction under the new tax regime is ₹75,000 for salaried employees and pensioners in FY 2025-26 (against ₹50,000 in the old regime). The employer subtracts it from projected gross salary before computing tax and TDS. No separate claim or proof is needed.
How does the Section 87A rebate work under the new regime?
Under the new regime, Section 87A gives a rebate of up to ₹60,000, available when taxable income does not exceed ₹12,00,000. It fully offsets the tax computed on the slabs, so tax is nil up to that level. Above ₹12 lakh taxable income the rebate is not available and tax is charged on the slabs, with marginal relief applying just past the threshold.
Is cess added to salary TDS under the new regime?
Yes. A health & education cess of 4% is added on the income tax after the Section 87A rebate. Where the rebate makes the tax nil (income up to ₹12 lakh taxable), there is no tax to add cess to, so the cess is also nil. Surcharge applies for total income above ₹50 lakh.
Old vs New
Is the new tax regime the default for TDS on salary?
Yes. For FY 2025-26 the new regime is the default. If an employee does not tell the employer otherwise, the employer deducts TDS on salary under the new regime slabs. An employee who wants TDS under the old regime must submit a written declaration (typically via Form 12BB) at the start of the financial year.
How does an employee choose old vs new regime for salary TDS?
The employee declares the choice to the employer at the start of the year, usually through Form 12BB. Without a declaration, the new regime (default) is used. The declaration fixes only how TDS is deducted through the year; a salaried employee can still choose the other regime when filing the ITR.
Can I switch between old and new regime during the year for TDS?
No. Once you declare a regime to your employer at the start of the year, it cannot be changed mid-year for TDS purposes — the employer deducts on that basis throughout. However, when filing your ITR you (if you have no business income) may pick the other regime; excess TDS is refunded and any shortfall is paid as self-assessment tax.
Which deductions are still allowed under the new regime for TDS?
Under the new regime the employer can consider the ₹75,000 standard deduction and the employer’s contribution to NPS under Section 80CCD(2). HRA, LTA, 80C investments, 80D health insurance and home-loan interest under Section 24(b) are not available and cannot reduce TDS in the new regime.
Computation
How does an employer calculate monthly TDS on salary?
The employer projects the full-year gross salary, subtracts the ₹75,000 standard deduction, applies the new regime slabs, gives the Section 87A rebate if taxable income is up to ₹12 lakh, adds 4% cess, subtracts TDS already deducted in earlier months, and divides the balance by the remaining months of the year. The estimate is revised each month as salary or declarations change.
What is Form 12BB used for in salary TDS?
Form 12BB is the employee’s statement of the deductions and exemptions claimed for TDS purposes, and it is where the regime choice is recorded. Under the new regime it is minimal — mainly the regime declaration — because most old-regime exemptions (HRA, 80C, 80D) are not allowed. Employers rely on it to compute accurate monthly TDS.
How is salary TDS handled when I change jobs during the year?
Give the new employer Form 12B disclosing salary earned and TDS deducted by the previous employer. The new employer adds that to your current salary to compute total income and deducts TDS on the balance to cover the annual liability. If you do not disclose it, TDS is under-deducted and you must pay the shortfall as advance or self-assessment tax.
Compliance
By when must salary TDS be deposited and Form 24Q filed?
Salary TDS deducted in a month must be deposited by the 7th of the following month (for March, by 30 April). The employer files the quarterly salary TDS return in Form 24Q and issues Form 16 (Parts A and B) to employees by 15 June after the year-end. Late deposit attracts interest under Section 201 and late filing a fee of ₹200/day under Section 234E.
What happens if my employer short-deducts TDS on salary?
An employer that fails to deduct or short-deducts salary TDS is treated as an assessee-in-default: interest at 1% per month from when tax was deductible to deduction and 1.5% per month from deduction to payment under Section 201, plus a penalty equal to the tax under Section 271C. The employee is not penalised if they pay the due tax, but should reconcile Form 16 with Form 26AS/AIS before filing.
Does salary TDS change under the Income-tax Act, 2025?
The Income-tax Act, 2025 (applicable from AY 2026-27) continues the new regime as the default and retains employer TDS on salary with the same mechanism — monthly deduction, quarterly Form 24Q and Form 16. Section numbers are re-cast under the new Act, but the ₹75,000 standard deduction, the slabs and the ₹60,000 rebate for FY 2025-26 are unchanged.
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