Income Tax Slab Rates
September 13, 2022
Old Tax Regime
GENERAL CATEGORY NON – SENIOR CITIZENS AGE BELOW 60 YEARS
NET INCOME | TAX RATES |
BELOW 2.5L | NIL |
2.5L TO 5L | 5% |
5L TO 10L | 20% |
10L AND ABOVE | 30% |
SENIOR CITIZENS AGE 60-80 YEARS
NET INCOME | TAX RATES |
BELOW 5L | NIL |
5L TO 10L | 20% |
10L AND ABOVE | 30% |
SUPER SENIOR CITIZENS AGE ABOVE 80 YEARS
NET INCOME | TAX RATES |
BELOW 3L | NIL |
3L TO 5L | 5% |
5L TO 10L | 20% |
10L AND ABOVE | 30% |
New Tax Regime
NET INCOME | TAX RATES |
UPTO 2.5L | NIL |
2.5L TO 5L | 5% |
5L TO 7.5L | 10% |
7.5L TO 10L | 15% |
10L TO 12.5L | 20% |
12.5L TO 15L | 25% |
ABOVE 15L | 30% |