Individual, HUF, association of persons, body of individuals, artificial juridical person.

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....-27). The rates for deduction of income-tax at source from "Salaries" or under section 393(1)[Table: Sl. No. 8(iii)] of the Act during the FY 2026-27 and also for computation of "advance tax" payable during the said year in the case of all categories of assessees have been specified in Part III of the First Schedule to the Bill. These rates are also applicable for charging income-tax during the ....

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.... or body of individuals, whether incorporated or not, or an artificial juridical person referred to in section 2(77)(g) of the Act:- Sl. No. Total income Rate of tax (1) (2) (3) 1. Upto Rs. 4,00,000 Nil 2. From Rs. 4,00,001 to Rs. 8,00,000 5% 3. From Rs. 8,00,001 to Rs. 12,00,000 10% 4. From Rs. 12,00,001 to Rs. 16,00,000 15% 5. From Rs. 16,00,001 to Rs. 20,00,000 20% 6. Fro....

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....,00,000 20% (4) Above Rs. 10,00,000 30% (ii) In the case of every individual, being a resident in India, who is of the age of sixty years or more but less than eighty years at any time during the tax year,- (1) Upto Rs. 3,00,000 Nil (2) From Rs. 3,00,001 to Rs.5,00,000 5% (3) From Rs. 5,00,001 to Rs.10,00,000 20% (4) Above Rs. 10,00,000 30% (iii) in the case of every individual....

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....) exceeding one crore rupees but not exceeding two crore rupees, at the rate of 15% of such income-tax; (c) having a total income (excluding the dividend income or capital gains under the provisions of sections 196, 197 and 198 of the Act) exceeding two crore rupees but not exceeding five crore rupees, at the rate of 25% of such income-tax; (d) having a total income (excluding the dividend inc....