Income Tax Slab Rates

Old Tax Regime

GENERAL CATEGORY NON – SENIOR CITIZENS AGE BELOW 60 YEARS                                

NET INCOMETAX RATES
BELOW 2.5LNIL  
2.5L TO 5L5%  
5L TO 10L20%
10L AND ABOVE30%

SENIOR CITIZENS AGE 60-80 YEARS

NET INCOMETAX RATES
BELOW 5LNIL
5L TO 10L20%
10L AND ABOVE30%

SUPER SENIOR CITIZENS AGE ABOVE 80 YEARS

NET INCOMETAX RATES
BELOW 3LNIL
3L TO 5L5%
5L TO 10L20%
10L AND ABOVE30%

New Tax Regime

NET INCOMETAX RATES
UPTO 2.5LNIL
2.5L TO 5L5%
5L TO 7.5L10%
7.5L TO 10L15%
10L TO 12.5L20%
12.5L TO 15L25%
ABOVE 15L30%