| Individuals or Hindu undivided family or association of persons or body of individuals [General Rate] | | Income Tax Rates for the Assessment Year 2025 - 2026 | | i.e. Previous / Financial Year 2024 - 2025 | | Sr. No. | Tax Slab | Rate | Tax | | 1. | Upto Rs. 250,000 | Nil | Nil | | 2. | From Rs. 250,001 To Rs. 500,000 | 5% | 5 per cent of the amount by which the total income exceeds Rs. 250,000 | | 3. | From Rs. 500,001 To Rs. 1,000,000 | 20% | Rs. 12,500 plus 20 per cent of the amount by which the total income exceeds Rs. 500,000 | | 4. | From Rs. 1,000,001 and Above | 30% | Rs. 112,500 plus 30 per cent of the amount by which the total income exceeds Rs. 1,000,000 | | | Surcharge | 10% | If total income is exceeding Rs. 5,000,000 - with marginal relief | | | Surcharge | 15% | If total income is exceeding Rs. 10,000,000 - with marginal relief | | | Surcharge | 25% | If total income is exceeding Rs. 20,000,000 - with marginal relief | | | Surcharge | 37% | If total income is exceeding Rs. 50,000,000 - with marginal relief | | | Education Cess | 4% | |
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| Senior Citizens (Resident in India) who is of the age of 60 years or more during the previous / financial year | | Income Tax Rates for the Assessment Year 2025 - 2026 | | i.e. Previous / Financial Year 2024 - 2025 | | Sr. No. | Tax Slab | Rate | Tax | | 1. | Upto Rs. 300,000 | Nil | Nil | | 2. | From Rs. 300,001 To Rs. 500,000 | 5% | 5 per cent of the amount by which the total income exceeds Rs. 300,000 | | 3. | From Rs. 500,001 To Rs. 1,000,000 | 20% | Rs. 10,000 plus 20 per cent of the amount by which the total income exceeds Rs. 500,000 | | 4. | From Rs. 1,000,001 and Above | 30% | Rs. 110,000 plus 30 per cent of the amount by which the total income exceeds Rs. 1,000,000 | | | Surcharge | 10% | If total income is exceeding Rs. 5,000,000 - with marginal relief | | | Surcharge | 15% | If total income is exceeding Rs. 10,000,000 - with marginal relief | | | Surcharge | 25% | If total income is exceeding Rs. 20,000,000 - with marginal relief | | | Surcharge | 37% | If total income is exceeding Rs. 50,000,000 - with marginal relief | | | Education Cess | 4% | |
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| Super Senior Citizens (Resident in India) who is of the age of 80 years or more during the previous / financial year | | Income Tax Rates for the Assessment Year 2025 - 2026 | | i.e. Previous / Financial Year 2024 - 2025 | | Sr. No. | Tax Slab | Rate | Tax | | 1. | Upto Rs. 500,000 | Nil | Nil | | 2. | From Rs. 500,001 To Rs. 1,000,000 | 20% | 20 per cent of the amount by which the total income exceeds Rs. 500,000 | | 3. | From Rs. 1,000,001 and Above | 30% | Rs. 100,000 plus 30 per cent of the amount by which the total income exceeds Rs. 1,000,000 | | | Surcharge | 10% | If total income is exceeding Rs. 5,000,000 - with marginal relief | | | Surcharge | 15% | If total income is exceeding Rs. 10,000,000 - with marginal relief | | | Surcharge | 25% | If total income is exceeding Rs. 20,000,000 - with marginal relief | | | Surcharge | 37% | If total income is exceeding Rs. 50,000,000 - with marginal relief | | | Education Cess | 4% | |
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| Special Rate of Tax u/s 115BAC | | Income Tax Rates for the Assessment Year 2025 - 2026 | | i.e. Previous / Financial Year 2024 - 2025 | | Sr. No. | Tax Slab | Rate | Tax | | 1. | Upto Rs. 300,000 | Nil | Nil | | 2. | From Rs. 300,001 To Rs. 700,000 | 5% | 5 per cent of the amount by which the total income exceeds Rs. 300,000 | | 3. | From Rs. 700,001 To Rs. 1,000,000 | 10% | Rs. 20,000 plus 10 per cent of the amount by which the total income exceeds Rs. 700,000 | | 4. | From Rs. 1,000,001 To Rs. 1,200,000 | 15% | Rs. 50,000 plus 15 per cent of the amount by which the total income exceeds Rs. 1,000,000 | | 5. | From Rs. 1,200,001 To Rs. 1,500,000 | 20% | Rs. 80,000 plus 20 per cent of the amount by which the total income exceeds Rs. 1,200,000 | | 6. | From Rs. 1,500,001 and Above | 30% | Rs. 140,000 plus 30 per cent of the amount by which the total income exceeds Rs. 1,500,000 | | | Surcharge | 10% | If total income is exceeding Rs. 5,000,000 - with marginal relief | | | Surcharge | 15% | If total income is exceeding Rs. 10,000,000 - with marginal relief | | | Surcharge | 25% | If total income is exceeding Rs. 20,000,000 - with marginal relief | | | Education Cess | 4% | |
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