Old vs New Tax Regime FY 2025-26: Rs 62,400 87A Trap
Old vs New Tax Regime FY 2025-26: Rs 62,400 87A Trap FinEstate Home About Tools Contact Tax & Investing Old vs New Tax Regime FY 2025-26: The Rs 62,400 Demand Notice Trap Every Salaried Indian Must Know Section 87A makes salary income up to Rs 12 lakh tax-free under the New Regime — but capital gains can still trigger a demand notice. The complete decision framework, plus a free interactive calculator covering FY 2023-24 through FY 2025-26. Utkarsh Garg, Editor | 25 May 2026 | 14 min read | Tax & Investing Effective Tax-Free Salary Rs 12.75L New Regime, FY 2025-26 Section 87A Rebate Cap Rs 60,000 Income up to Rs 12L STCG Tax Rate 20% Not covered by 87A ITR Deadline 31 Jul 2026 Non-audit, AY 2026-27 Quick Answer — Ol...