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Q.

What is the Income Tax Slab for Ladies?

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In India, women have no separate income tax slabs; all individuals are taxed equally. Rates depend on the chosen regime (Old or New) and the taxpayer’s age, not gender.
0 2024-10-28T19:55:09+00:00

Hi, if you are trying to know about the tax slab for ladies, then I can be of help to you. Previously, the basic tax exemption limit was higher for women. But since 2012 - 13, this difference in tax exemption between men and women has been removed and common tax slabs were introduced. The common tax slabs focus on tax exemption based on income and age, irrespective of gender. 

What is the Ladies Income Tax Slab for FY 2024 -25?

During the Union Budget 24, the tax slabs were revised under the new tax regime, and it was made applicable for FY 2024-25. I have added a list below with the required information. 

Income Tax Slabs

Taxation Rate

Below Rs. 3,00,000

Nil

Between Rs. 3,00,001 - Rs. 7,00,000 

5% of total income that exceeds Rs. 3,00,000.

Between Rs. 7,00,001 - Rs. 10,00,000 

Rs. 20,000 + 10% of total income that exceeds ₹7,00,000

Between Rs. 10,00,001 - Rs.12,00,000 

Rs. 50,000 + 15% of total income that exceeds ₹10,00,000 

Between Rs. 12,00,001 - Rs. 15,00,000

Rs. 80,000 + 20% of total income that exceeds Rs. 12,00,000  

Rs. 15,00,001 Onwards

Rs. 1,40,000 + 30% of total income that exceeds Rs. 15,00,000

The tax slab mentioned above is only for women below 60 years of age. I hope this answers your query about what is the income tax slab for ladies. 

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