# Slab Rates under Optional Scheme (Old Tax Regime)
## (1) Individual / HUF / AOP / BOI / AJP (Resident or Non-Resident)
| Total Income Slab | Rate |
|---|---|
| Up to Rs. 2,50,000 | Nil |
| Rs. 2,50,001 – Rs. 5,00,000 | 5% |
| Rs. 5,00,001 – Rs. 10,00,000 | 20% |
| Above Rs. 10,00,000 | 30% |
## (2) Senior Citizen (Resident Individual, Age 60 or more)
| Total Income Slab | Rate |
|---|---|
| Up to Rs. 3,00,000 | Nil |
| Rs. 3,00,001 – Rs. 5,00,000 | 5% |
| Rs. 5,00,001 – Rs. 10,00,000 | 20% |
| Above Rs. 10,00,000 | 30% |
## (3) Super Senior Citizen (Resident Individual, Age 80 or more)
| Total Income Slab | Rate |
|---|---|
| Up to Rs. 5,00,000 | Nil |
| Rs. 5,00,001 – Rs. 10,00,000 | 20% |
| Above Rs. 10,00,000 | 30% |
## Important Note: Age Cut-off
> A Resident Individual whose 60th/80th birthday falls on 1st April 2026 would be treated as 60/80 years in the PY 2025-26, and would be eligible for the higher basic exemption limit of Rs. 3 lakh / Rs. 5 lakh in computing his tax liability for AY 2026-27.
### Why?
Under Income Tax law, a person born on 1st April is treated as having completed the age on the previous day (31st March) per the General Clauses Act — hence treated as senior in PY 2025-26 itself.
## Non-Individual Entities (Optional Regime)
### (4) Firm / LLP / Local Authority
- Flat Rate of 30% on whole of Total Income (no slabs)
### (5) Co-operative Society
| Total Income | Rate |
|---|---|
| Up to Rs. 10,000 | 10% |
| Rs. 10,001 – Rs. 20,000 | 20% |
| Above Rs. 20,000 | 30% |
### (6) Domestic Company
| Condition | Rate |
|---|---|
| If TOTAL T/O or Gross Receipts in PY 2023-24 is up to Rs. 400 crore | 25% |
| In any other case | 30% |
### (7) Foreign Company (General Rate)
- 35%