Income Tax Slab for Women
Every Indian citizen is required to pay tax* if the income earned is over a certain amount. India follows a progressive tax* system, which means that citizens earning a higher income pay a higher percentage of their income as tax*. The income tax* rules are governed by The Income Tax Act, 2025. Taxpayers must follow these rules to ensure timely and correct payment of tax* without errors or delays.
Are Income tax* Slabs Different for Males and Females?
In India, the income tax* slab for women is the same as for men. The tax* system is based on the principle of equality, and hence, all tax*payers are treated equally, irrespective of their gender. tax* rate is applicable basis the income level of the tax*payer and the same rates apply to both men and women. This also means that the deductions and exemptions are the same for women and men. However, the income tax* slabs may differ basis the age of the tax*payer.
Income tax* Slabs for Women Below 60 Years
There are two tax* regimes in India – old tax* regime and new tax* regime. tax*payers can select any regime based on their preference. Below are the tax* rates for each regime:
Old tax* regime
| Income tax* slab for women | Income tax* rate |
|---|---|
| Up to ₹ 2,50,000 | No tax* |
| ₹ 2,50,001 to ₹ 5,00,000 | 5% above ₹ 2,50,000 |
| ₹ 5,00,001 to ₹ 10,00,000 | ₹ 12,500 + 20% above ₹ 5,00,000 |
| Above ₹ 10,00,000 | ₹ 1,12,500 + 30% above ₹ 10,00,000 |
New tax* regime
| New Tax Regime Slabs | New Tax Regime Rates |
|---|---|
| Up to Rs. 4 lakh | Nil |
| Rs. 4 lakh to Rs. 8 lakh | 5% |
| Rs. 8 lakh to Rs. 12 lakh | 10% |
| Rs. 12 lakh to Rs. 16 lakh | 15% |
| Rs. 16 lakh to Rs. 20 lakh | 20% |
| Rs. 20 lakh to Rs. 24 lakh | 25% |
| Above Rs. 24 lakh | 30% |
Income tax* Slabs for Women Between 60-80 Years
Old tax* regime
| Income tax* slab for women | Income tax* rate |
|---|---|
| Up to ₹ 3,00,000 | No tax* |
| ₹ 3,00,001 to ₹ 5,00,000 | 5% above ₹ 3,00,000 |
| ₹ 5,00,001 to ₹ 10,00,000 | ₹ 10,000 + 20% above ₹ 5,00,000 |
| Above ₹ 15,00,000 | ₹ 1,10,000 + 30% above ₹ 10,00,000 |
New tax* regime
| New Tax Regime Slabs | New Tax Regime Rates |
|---|---|
| Up to Rs. 4 lakh | Nil |
| Rs. 4 lakh to Rs. 8 lakh | 5% |
| Rs. 8 lakh to Rs. 12 lakh | 10% |
| Rs. 12 lakh to Rs. 16 lakh | 15% |
| Rs. 16 lakh to Rs. 20 lakh | 20% |
| Rs. 20 lakh to Rs. 24 lakh | 25% |
| Above Rs. 24 lakh | 30% |
Income tax* slab for super senior citizens (Women Above 80 Years)
Old tax* regime
| Income tax* slab for women | Income tax* rate |
|---|---|
| Up to ₹ 5,00,000 | No tax* |
| ₹ 5,00,001 to ₹ 10,00,000 | 20% above ₹ 5,00,000 |
| Above ₹ 10,00,000 | ₹ 1,00,000 + 30% above ₹ 10,00,000 |
New tax* regime
| New Tax Regime Slabs | New Tax Regime Rates |
|---|---|
| Up to Rs. 4 lakh | Nil |
| Rs. 4 lakh to Rs. 8 lakh | 5% |
| Rs. 8 lakh to Rs. 12 lakh | 10% |
| Rs. 12 lakh to Rs. 16 lakh | 15% |
| Rs. 16 lakh to Rs. 20 lakh | 20% |
| Rs. 20 lakh to Rs. 24 lakh | 25% |
| Above Rs. 24 lakh | 30% |
Income tax* Exemptions for Women tax*payers in India
Below are some income tax* exemptions that women tax*payers can avail of in India. These are applicable to men tax*payers as well.
| Income tax* sections | Deduction type | Deduction limit |
|---|---|---|
| Section 123 (Read with Schedule XV) Section 124 (Read with Schedule XV) | Annuity plan of LIC or other insurers towards Pension Scheme Pension Scheme of Central Government | ₹ 1,50,000 |
| Section 124 (Read with Schedule XV) | Pension Scheme of Central Government, excluding deduction claimed under Section 124 (Read with Schedule XV) | ₹ 50,000 |
| Section 124 (Read with Schedule XV) | Deduction towards contribution made by an employer to the Pension Scheme of the Central Government | |
| Section 126 | Health insurance premiums and preventive health check-ups | ₹ 25,000 |
| Section 127 | Maintenance or medical treatment of a disabled dependent or paid | Up to ₹ 1,25,000 |
| Section 128 | Medical treatment of self or dependant for specified diseases | Up to ₹ 1,00,000 |
| Section 129 | Interest payments made on loans for higher education | Total amount paid towards interest on the loan |
| Section 133 | Donations | 50% or 100% deduction |
| Section 134 | Deduction towards rent paid for a house | Lesser of the following |
| Section 153 | Deduction on interest received on saving bank accounts by non-senior citizens | ₹ 10,000 |
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