India Income tax slabs FY 2023-2024 for Individual Tax Payers & HUF
(Aged less than 60 years) |
Income tax slab (in Rs.) |
New Tax Regime Income Tax Slab Rates FY 2023-24 |
Old Tax Regime Income Tax Slab Rates FY 2023-24 |
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 | 10% | 20% |
7,50,001 to 10,00,000 | 15% | 20% |
10,00,001 to 12,50,000 | 20% | 30% |
12,50,001 to 15,00,000 | 25% | 30% |
Above Rs 15,00,000 | 30% | 30% |
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India Income tax slabs FY 2023-2024 for Individual Tax Payers & HUF
(Aged 60 years but less than 80 years) |
Income tax slab (in Rs.) |
New Tax Regime Income Tax Slab Rates FY 2023-24 |
Old Tax Regime Income Tax Slab Rates FY 2023-24 |
0 to 2,50,000 | No tax | No tax |
2,50,000 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 Rs 15,00,000 | 30% | 30% |
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India Income tax slabs FY 2023-2024 for Super Senior Citizens
(Aged 80 and above) |
Income tax slab (in Rs.) |
New Tax Regime Income Tax Slab Rates FY 2023-24 |
Old Tax Regime Income Tax Slab Rates FY 2023-24 |
0 to 2,50,000* | No Tax | No Tax |
2,50,001 to 5,00,000 | No Tax | 5% |
5,00,001 to 7,50,001 | 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 Rs 15,00,000 | 30% | 30% |
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