| Individuals, HUF, AOP or BOI [General Rate] | | Income Tax Rates for the Assessment Year 2026 - 2027 | | i.e. Previous / Financial Year 2025 - 2026 | | Sr. No. | Tax Slab | Rate | Tax | | 1. | Rs. ≤ 250,000 | Nil | Nil | | 2. | Rs. ≥ 250,001 ≤ 500,000 | 5% | | | 3. | Rs. ≥ 500,001 ≤ 1,000,000 | 20% | + Rs. 12,500 | | 4. | Rs. ≥ 1,000,001 | 30% | + Rs. 112,500 | | | Rebate - Upto Rs. | 12500 | If total income is ≤ Rs. 500,000 | | | Education Cess | 4% | | | | Surcharge | 10% | If total income is > Rs. 5,000,000 | | | Surcharge | 15% | If total income is > Rs. 10,000,000 | | | Surcharge | 25% | If total income is > Rs. 20,000,000 | | | Surcharge | 37% | If total income is > Rs. 50,000,000 | | | | | Surcharge: Marginal relief is allowed |
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| Senior Citizens (Resident): Age ≥ 60 years during the previous / financial year | | Income Tax Rates for the Assessment Year 2026 - 2027 | | i.e. Previous / Financial Year 2025 - 2026 | | Sr. No. | Tax Slab | Rate | Tax | | 1. | Rs. ≤ 300,000 | Nil | Nil | | 2. | Rs. ≥ 300,001 ≤ 500,000 | 5% | | | 3. | Rs. ≥ 500,001 ≤ 1,000,000 | 20% | + Rs. 10,000 | | 4. | Rs. ≥ 1,000,001 | 30% | + Rs. 110,000 | | | Rebate - Upto Rs. | 12500 | If total income is ≤ Rs. 500,000 | | | Education Cess | 4% | | | | Surcharge | 10% | If total income is > Rs. 5,000,000 | | | Surcharge | 15% | If total income is > Rs. 10,000,000 | | | Surcharge | 25% | If total income is > Rs. 20,000,000 | | | Surcharge | 37% | If total income is > Rs. 50,000,000 | | | | | Surcharge: Marginal relief is allowed |
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| Super Sr. Citizens (Resident): Age ≥ 80 years during the previous / financial year | | Income Tax Rates for the Assessment Year 2026 - 2027 | | i.e. Previous / Financial Year 2025 - 2026 | | Sr. No. | Tax Slab | Rate | Tax | | 1. | Rs. ≤ 500,000 | Nil | Nil | | 2. | Rs. ≥ 500,001 ≤ 1,000,000 | 20% | | | 3. | Rs. ≥ 1,000,001 | 30% | + Rs. 100,000 | | | Rebate - Upto Rs. | 12500 | If total income is ≤ Rs. 500,000 | | | Education Cess | 4% | | | | Surcharge | 10% | If total income is > Rs. 5,000,000 | | | Surcharge | 15% | If total income is > Rs. 10,000,000 | | | Surcharge | 25% | If total income is > Rs. 20,000,000 | | | Surcharge | 37% | If total income is > Rs. 50,000,000 | | | | | Surcharge: Marginal relief is allowed |
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| Special Rate of Tax u/s 115BAC (New Tax Regime) | | Income Tax Rates for the Assessment Year 2026 - 2027 | | i.e. Previous / Financial Year 2025 - 2026 | | Sr. No. | Tax Slab | Rate | Tax | | 1. | Rs. ≤ 400,000 | Nil | Nil | | 2. | Rs. ≥ 400,001 ≤ 800,000 | 5% | | | 3. | Rs. ≥ 800,001 ≤ 1,200,000 | 10% | + Rs. 20,000 | | 4. | Rs. ≥ 1,200,001 ≤ 1,600,000 | 15% | + Rs. 60,000 | | 5. | Rs. ≥ 1,600,001 ≤ 2,000,000 | 20% | + Rs. 120,000 | | 6. | Rs. ≥ 2,000,001 ≤ 2,400,000 | 25% | + Rs. 200,000 | | 7. | Rs. ≥ 2,400,001 | 30% | + Rs. 300,000 | | | Rebate - Upto Rs. | 60000 | If total income is ≤ Rs. 1,200,000
+ Marginal Relief | | | Education Cess | 4% | | | | Surcharge | 10% | If total income is > Rs. 5,000,000 | | | Surcharge | 15% | If total income is > Rs. 10,000,000 | | | Surcharge | 25% | If total income is > Rs. 20,000,000 | | | | | Surcharge: Marginal relief is allowed |
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