Individual (Resident or Resident but not Ordinarily Resident or non-resident), who is of the age of less than 60 years on the last day of the relevant previous year & for HUF:
| Income tax slab (in Rs.) | Tax(Existing Scheme) | Tax(New Scheme) |
| 0 to 2,50,000 | No tax | No tax |
| 2,50,001 to 5,00,000 | 5% | 5% |
| 5,00,001 to 7,50,000 | 20% | 10% |
| 7,50,001 to 10,00,000 | 20% | 15% |
| 10,00,001 to 12,50,000 | 30% | 20% |
| 12,50,001 to 15,00,000 | 30% | 25% |
| Above 15,00,000 | 30% | 30% |
Resident or Resident but not Ordinarily Resident senior citizen, i.e., every individual, being a resident or Resident but not Ordinarily Resident in India, who is of the age of 60 years or more but less than 80 years at any time during the previous year:
| Income tax slab (in Rs.) | Tax(Existing Scheme) | Tax(New Scheme) |
| 0 to 2,50,000 | No tax | No tax |
| 2,50,001 to 3,00,000 | No Tax | 5% |
| 3,00,001 to 5,00,000 | 5% | 5% |
| 5,00,001 to 7,50,000 | 20% | 10% |
| 7,50,001 to 10,00,000 | 20% | 15% |
| 10,00,001 to 12,50,000 | 30% | 20% |
| 12,50,001 to 15,00,000 | 30% | 25% |
| Above 15,00,000 | 30% | 30% |
Resident or Resident but not Ordinarily Resident super senior citizen, i.e., every individual, being a resident or Resident but not Ordinarily Resident in India, who is of the age of 80 years or more at any time during the previous year.
| Income tax slab (in Rs.) | Tax(Existing Scheme) | Tax(New Scheme) |
| 0 to 2,50,000 | No tax | No tax |
| 2,50,001 to 5,00,000 | No Tax | 5% |
| 5,00,001 to 7,50,000 | 20% | 10% |
| 7,50,001 to 10,00,000 | 20% | 15% |
| 10,00,001 to 12,50,000 | 30% | 20% |
| 12,50,001 to 15,00,000 | 30% | 25% |
| Above 15,00,000 | 30% | 30% |
Surcharge: