Income Tax AY 2026-27 – All Sections Explained with Examples (Complete Guide)
Assessment Year 2026-27 కి సంబంధించిన Income Tax Sections పూర్తి వివరాలు ఇక్కడ ఇవ్వబడ్డాయి. ఈ గైడ్ ముఖ్యంగా AP & TS Government Employees, Teachers, Salaried Employees కోసం tax planning చేయడంలో చాలా ఉపయోగపడుతుంది.
🔷 What is AY 2026-27?
AY 2026-27 అంటే Financial Year 2025-26 లో పొందిన ఆదాయంపై పన్ను లెక్కించే సంవత్సరం.
🔶 OLD TAX REGIME – Deductions Sections
Section 80C – Investment Deduction
Deduction Limit: ₹1,50,000
Eligible Investments: PPF, EPF, LIC, NSC, ELSS, Tuition Fees
Example: Mr. Rao invested ₹1,20,000 in PPF and paid ₹30,000 LIC premium. Total deduction = ₹1,50,000.
Section 80CCD(1B) – NPS Additional Deduction
Extra Deduction: ₹50,000
Example: Teacher contributed ₹50,000 to NPS Tier-I → Full ₹50,000 deduction allowed.
Section 80D – Medical Insurance
Deduction: ₹25,000 (Self/Family) + ₹50,000 (Parents Senior Citizens)
Example: Premium paid ₹22,000 for self + ₹45,000 for senior citizen parents → Deduction ₹67,000.
Section 24(b) – Home Loan Interest
Maximum: ₹2,00,000
Example: Annual home loan interest ₹1,80,000 → Full deduction allowed.
Section 80E – Education Loan Interest
No Maximum Limit
Example: Paid ₹60,000 interest on education loan → Full deduction allowed.
Section 80G – Donations
Deduction: 50% or 100% depending on trust
Example: Donated ₹10,000 to PM Relief Fund → 100% deduction → ₹10,000 allowed.
Section 87A – Rebate
Rebate: Up to ₹12,500
Example: If total tax payable is ₹10,000 → Fully waived.
🔶 NEW TAX REGIME – Simplified Tax
New Tax Regime లో ఎక్కువ deductions ఉండవు, కానీ tax rates తక్కువగా ఉంటాయి.
| Income Slab (₹) | Tax Rate |
|---|---|
| 0 – 3,00,000 | Nil |
| 3,00,001 – 6,00,000 | 5% |
| 6,00,001 – 9,00,000 | 10% |
| 9,00,001 – 12,00,000 | 15% |
| 12,00,001 – 15,00,000 | 20% |
| Above 15,00,000 | 30% |
Section 87A – Rebate in New Regime
If income up to ₹7,00,000 → No tax payable.
🔷 Old vs New Regime – Which is Better?
Old Regime: Suitable if you invest in PPF, LIC, NPS, Insurance, Home Loan.
New Regime: Suitable if you do not want investments and need simple filing.
🔷 Quick Example Comparison
Salary: ₹8,00,000
👉 Old Regime with ₹1,50,000 80C + ₹50,000 NPS → Taxable income = ₹6,00,000 → Lower tax.
👉 New Regime → No deductions → Tax calculated on ₹8,00,000.
🔷 Useful For
- AP & TS Government Employees
- Teachers & Lecturers
- Salaried Individuals
- DDO / Accounts Officers
🔷 FAQs
Q: AY 2026-27 corresponds to which Financial Year?
FY 2025-26.
Q: Maximum 80C deduction?
₹1,50,000.
Q: NPS extra deduction?
Section 80CCD(1B).
Q: Medical insurance deduction?
Section 80D.
🔷 Final Note
ఈ Income Tax AY 2026-27 Guide మీకు సరైన tax planning చేయడంలో సహాయపడుతుంది. Latest tax updates కోసం మా వెబ్సైట్ను తరచూ సందర్శించండి.
Keywords: Income Tax AY 2026-27, Income Tax Sections Explained, 80C 80D 80CCD, AP Govt Employees Tax Guide, Old vs New Tax Regime India
