New Income Tax Slabs for Senior Citizens

What is the New Income Tax Regime for Senior Citizens?

New Income Tax Slabs for Senior Citizens

For senior citizens (i.e., those having age more than 60 years but less than 80 years)

Total Income

New Income Tax Regime (without deductions and exemptions)

Up to ₹2.5 lakhs

NIL

From ₹2,50,001 to ₹3 lakhs

5%

From ₹3,00,001 to ₹5 lakhs

5%

From ₹5,00,001 to ₹7.5 lakhs

10%

From ₹7,50,001 to ₹10 lakhs

15%

From ₹10,00,001 to ₹12.5 lakhs

20%

From ₹12,50,001 to ₹15 lakhs

25%

From ₹15,00,001

30%

New Income Tax Slabs for Super Senior Citizens

Looking for the new income tax for super senior citizens? For super senior citizens (i.e., having age more than 80 years)

Total Income

New Income Tax Regime (without deductions and exemptions)

Up to ₹2.5 lakhs

NIL

From ₹2,50,001 to ₹5 lakhs

5%

From ₹5,00,001 to ₹7.5 lakhs

10%

From ₹7,50,001 to ₹10 lakhs

15%

From ₹10,00,001 to ₹12.5 lakhs

20%

From ₹12,50,001 to ₹15 lakhs

25%

From ₹15,00,001

30%

How is New Income Tax Calculated for Senior and Super Senior Citizens?

What are the Deductions Applicable for Senior Citizens in the New Income Tax Regime?

What are the Exemptions Applicable for Senior Citizens in the New Income Tax Regime?

What are the Benefits of the New Income Tax Regime for Senior Citizens?

Frequently Asked Questions