Understanding the Income Tax Slab Rates for AY 2025-26 in India
CA Meet Dhrangadhariya 
February 13, 2025
CA Meet Dhrangadhariya February 13, 2025
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Introduction The income tax slab rates are an essential component of the financial planning process for individuals and businesses alike. This blog aims to provide an overview of the income tax slabs and their significance.
Income tax slabs represent the ranges of income that are taxed at different rates. In India, the progressive tax system ensures that higher income is taxed at a higher rate, thereby promoting equitable distribution of income.
New Tax Regime:
| Tax Slab | Tax Rate |
| Up to Rs 3 lakh | Nil |
| Rs 3 lakh – Rs 7 lakh | 5% |
| Rs 7 lakh – Rs 10 lakh | 10% |
| Rs10 lakh – Rs 12 lakh | 15% |
| Rs 12 lakh – Rs 15 lakh | 20% |
| Above Rs 15 lakh | 30% |
Old Tax Regime:
| Income Slabs | Age < 60 years & NRIs | Age of 60 to 80 years (Resident Individuals) | Age above 80 Years (Resident Individuals) |
| Up to ₹2,50,000 | NIL | NIL | NIL |
| ₹2,50,001 – ₹3,00,000 | 5% | NIL | NIL |
| ₹3,00,001 – ₹5,00,000 | 5% | 5% | NIL |
| ₹5,00,001 – ₹10,00,000 | 20% | 20% | 20% |
| ₹10,00,001 and above | 30% | 30% | 30% |
| Up to ₹2,50,000 | NIL | NIL | NIL |
| ₹2,50,001 – ₹3,00,000 | 5% | NIL | NIL |
The income tax slab rates for AY 2025-26 will play a crucial role in shaping the financial decisions of millions of taxpayers in India. Keeping an eye on the Union Budget and related announcements is essential. Stay tuned for updates as we bring you the latest information once the slabs are officially declared.
Disclaimer:
This article is for general informational purposes only and should not be considered professional advice. Please consult a qualified expert for advice tailored to your specific situation. The author and website owner are not liable for any errors or actions based on this content.
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