Rate of Tax Under Old Tax Regime / Regular Tax Regime
by The Old Tax Regime, also known as the Regular Tax Regime, provides the traditional slab based method of taxation for individuals and Hindu Undivided Families. Under this regime, taxpayers can generally claim various deductions and exemptions available under the Income Tax law, subject to the prescribed conditions. The applicable tax rate depends on the total income and, in the case of resident individuals, the age of the taxpayer. The old regime continues to be available when the taxpayer exercises the prescribed option. For FY 2025 26, AY 2026 27, there has been no change in the basic old regime slab rates.
Tax Rates under Old Tax Regime
| Category of Individual | Total Income | Rate of Tax |
|---|---|---|
| Individual below 60 years and non resident individual | Up to ₹2,50,000 | Nil |
| ₹2,50,001 to ₹5,00,000 | 5% | |
| ₹5,00,001 to ₹10,00,000 | 20% | |
| Above ₹10,00,000 | 30% | |
| Resident Senior Citizen aged 60 years or more but below 80 years | Up to ₹3,00,000 | Nil |
| ₹3,00,001 to ₹5,00,000 | 5% | |
| ₹5,00,001 to ₹10,00,000 | 20% | |
| Above ₹10,00,000 | 30% | |
| Resident Super Senior Citizen aged 80 years or more | Up to ₹5,00,000 | Nil |
| ₹5,00,001 to ₹10,00,000 | 20% | |
| Above ₹10,00,000 | 30% |
These are the normal slab rates. Surcharge, where applicable, and Health and Education Cess at 4% are added separately. The old regime also permits eligible deductions and exemptions, making it potentially beneficial for taxpayers who have substantial eligible investments or deductions.
Note: The rates above are for FY 2025 26 / AY 2026 27.