Tax slabs

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 Tax rates for Individual (resident or non-resident) 80 years of age or more anytime during the previous year are as under:

Old Tax RegimeNew Tax Regime u/s 115BAC
Income Tax SlabIncome Tax RateIncome Tax SlabIncome Tax Rate
Up to ₹ 5,00,000  NilUp to ₹ 3,00,000Nil
₹ 5,00,001 - ₹ 10,00,00020% above ₹ 5,00,000₹ 3,00,001 - ₹
6,00,000		5% above ₹ 3,00,000
Above ₹ 10,00,000 ₹ 1,00,000 + 30% above ₹ 10,00,000₹ 6,00,001 - ₹
9,00,000₹		₹ 15,000 + 10% above ₹
6,00,000
  ₹ 9,00,001 - ₹
12,00,000		₹ 45,000 + 15% above ₹
9,00,000
  ₹ 12,00,001 - ₹
15,00,000		₹ 90,000 + 20% above ₹
12,00,000

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