Skip to content
← All tools

Income Tax Slab Rates

Slab rates for individuals under the old and new regimes for FY 2025-26 (AY 2026-27).

As of FY 2025-26

New regime (default), all ages

Total incomeRate
Up to ₹4,00,000Nil
₹4,00,001 to ₹8,00,0005%
₹8,00,001 to ₹12,00,00010%
₹12,00,001 to ₹16,00,00015%
₹16,00,001 to ₹20,00,00020%
₹20,00,001 to ₹24,00,00025%
Above ₹24,00,00030%

Old regime, below 60 years

Total incomeRate
Up to ₹2,50,000Nil
₹2,50,001 to ₹5,00,0005%
₹5,00,001 to ₹10,00,00020%
Above ₹10,00,00030%

Old regime, 60 to 80 years (senior citizen)

Total incomeRate
Up to ₹3,00,000Nil
₹3,00,001 to ₹5,00,0005%
₹5,00,001 to ₹10,00,00020%
Above ₹10,00,00030%

Old regime, 80 years and above (super senior citizen)

Total incomeRate
Up to ₹5,00,000Nil
₹5,00,001 to ₹10,00,00020%
Above ₹10,00,00030%
  • Standard deduction on salary and pension: ₹75,000 under the new regime, ₹50,000 under the old regime.
  • Rebate under section 87A: up to ₹60,000 when total income does not exceed ₹12,00,000 under the new regime (with marginal relief just above that), and up to ₹12,500 when total income does not exceed ₹5,00,000 under the old regime.
  • Surcharge, new regime: 10% on income above ₹50,00,000, 15% on income above ₹1,00,00,000, 25% on income above ₹2,00,00,000.
  • Surcharge, old regime: 10% on income above ₹50,00,000, 15% on income above ₹1,00,00,000, 25% on income above ₹2,00,00,000, 37% on income above ₹5,00,00,000.
  • Health and education cess: 4% on tax plus surcharge.

For illustration only. Please consult your chartered accountant for advice specific to you.

Talk to us