Budget FY26-27: How much tax will you pay? Use the Dawn Income Tax Calculator to find out (opens original article in a new tab)

The government has updated income tax brackets for FY2026-27, reducing rates for salaried individuals earning between Rs2.2 million and Rs7 million annually, while maintaining the tax-free threshold of Rs600,000.

• Government revised income tax brackets and slabs for FY2026-27
• Salaried individuals earning Rs2.2m-Rs7m will see reduced tax rates
• Top rate of 35pc now applies to income above Rs7m instead of Rs4.1m