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Income Tax Slab for Senior Citizens & Super Senior Citizens for FY 2025-26: Deductions & Exemptions Explained

Who is Considered a Senior Citizen in India?

Who is Considered a Super Senior Citizen in India?

Income Tax Slabs for Senior and Super Senior Citizens for FY 2025-26 (AY 2026-27)

Income Tax Slabs Rate of Taxation
Up to ₹4,00,000 Nil
Between ₹4,00,001 and ₹8,00,000   5% of your total income that exceeds ₹4,00,000 
Between ₹8,00,001 and ₹12,00,000   ₹20,000 + 10% of your total income that exceeds ₹8,00,000 
Between ₹12,00,001 and ₹16,00,000   ₹60,000 + 15% of your total income that exceeds ₹12,00,000 
Between ₹16,00,001 and ₹20,00,000   ₹1,20,000 + 20% of your total income that exceeds ₹16,00,000 
Between ₹20,00,001 and ₹24,00,000  ₹2,00,000 + 25% of your total income that exceeds ₹20,00,000 
Above ₹24,00,000 ₹3,00,000 + 30% of your total income that exceeds ₹24,00,000 

Income tax slabs Rate of Taxation
Up to ₹3,00,000 Nil
From ₹3,00,001 – ₹5,00,000 5% of your total income that exceeds ₹3,00,000
From ₹5,00,001 – ₹10,00,000 ₹10,000 + 20% of your total income that exceeds ₹5,00,000
Above ₹10,00,000 ₹1,10,000 + 30% of your total income that exceeds ₹10,00,000

Along with this, you will also be levied with an additional 4% Health and Education cess, which is applicable to the tax amount calculated.

Income Tax Slabs for Senior and Super Senior Citizens for FY 2024-25 (AY 2025-26)

Income Tax Slabs Rate of Taxation
Up to ₹3,00,000  Nil 
Between ₹3,00,001 and ₹7,00,000 5% of your total income that exceeds ₹3,00,000  
Between ₹7,00,001 and ₹10,00,000 ₹20,000 + 10% of your total income that exceeds ₹7,00,000
Between ₹10,00,001 and ₹12,00,000 ₹50,000 + 15% of your total income that exceeds ₹10,00,000
Between ₹12,00,001 and ₹15,00,000 ₹80,000 + 20% of your total income that exceeds ₹12,00,000
Above ₹15,00,001 ₹1,40,000 + 30% of your total income that exceeds ₹15,00,000

They are also liable to pay an extra 4% Health and Education Cess on the tax amount calculated.

Surcharges for Income Exceeding ₹50 Lakhs for FY 2025-26 (AY 2026-27)

If senior and super senior citizens have a taxable income exceeding ₹50 lakh, the tax is assessed as per the following surcharge for FY 2025-26.

Taxable Income Surcharge (New Tax Regime) Surcharge (Old Tax Regime)
For those with an income above ₹50 Lakh but below ₹1 Crore  10% 10%
For those with an income of above ₹1 Crore but below ₹2 Crore 15% 15%
For those with an income of above ₹2 Crore but below ₹5 Crore 25%  25%
For those with an income of above ₹5 Crore 25% 37% 

Note that for FY 2022-23 (AY 2023-24), the highest surcharge on income over ₹5 Crore was 37%, which has been reduced to 25% by the Union Budget 2023, effective from April 1, 2023.

Income Tax Rebate for Senior Citizens and Super Senior Citizens

Income Tax Exemptions and Benefits for Senior and Super Senior Citizens

Income Tax Benefits Not Available for Senior and Super Senior Citizens

FAQs about Income Tax Slab for Senior Citizens