Income Tax Budget 2026 Live: What are income tax slabs under old tax regime?
Under the old income tax regime for FY 2025–26, resident individuals up to 60 years of age do not pay any tax on income up to Rs 2.5 lakh, while income between Rs 2.5 lakh and Rs 5 lakh is taxed at 5%. Earnings in the Rs 5 lakh to Rs 10 lakh range attract a tax rate of 20%, and any income above Rs 10 lakh is taxed at the highest slab rate of 30%.