The slabs
- Up to ₹4 lakh — nil
- ₹4–8 lakh — 5%
- ₹8–12 lakh — 10%
- ₹12–16 lakh — 15%
- ₹16–20 lakh — 20%
- ₹20–24 lakh — 25%
- Above ₹24 lakh — 30%
Effectively zero up to 12 lakh
The Section 87A rebate removes the tax on income up to ₹12 lakh; for salaried people the ₹75,000 standard deduction lifts the break-even to about ₹12.75 lakh of salary. Confirm per the current Finance Act.