Income Tax Rate under Old Regime for HUF/AOP/BOI/ Artificial Juridical person for the Financial Year 2024–25 (AY 2025–26)
HUF/AOP/BOI/ Artificial Juridical person
| Net Income Range | Income Tax Rate | Surcharge | Cess |
| Up to Rs. 2,50,000 | - | - | - |
| Rs. 2,50,000 to Rs. 5,00,000 | 5% of (Total income –Rs. 2,50,000) | - | 4% of Income Tax |
| Rs. 5,00,000 to Rs. 10,00,000 | Rs. 12,500+ 20% of (Total income –Rs. 5,00,000) | - | 4% of Income Tax |
| Rs. 10,00,000 to Rs. 50,00,000 | Rs. 1,12,500+ 30% of (Total income –Rs. 10,00,000) | - | 4% of Income Tax |
| Rs. 50,00,000 to Rs. 1,00,00,000 | Rs. 13,12,500+ 30% of (Total income –Rs. 50,00,000) | 10 % of Income Tax | 4% of Income Tax & Surcharge |
| Rs. 1,00,00,000 to Rs. 2,00,00,000 | Rs. 28,12,500+ 30% of (Total income –Rs. 1,00,00,000) | 15 % of Income Tax | 4% of Income Tax & Surcharge |
| Rs. 2,00,00,000 to Rs. 5,00,00,000 | Rs. 58,12,500+ 30% of (Total income –Rs. 2,00,00,000) | 25 % of Income Tax | 4% of Income Tax & Surcharge |
| Rs. 5,00,00,000 and above | Rs. 1,48,12,500+ 30% of (Total income –Rs. 5,00,00,000) | 37 % of Income Tax | 4% of Income Tax & Surcharge |
Note:
(1) Rebate is not available.
(2) The enhanced surcharge of 25% & 37%, as the case may be, is not levied, on dividend income or income chargeable to tax under sections 111A, 112, 112A and 115AD(1)(b). Hence, the maximum rate of surcharge on tax payable on such incomes shall be 15%.
(3) The surcharge rate is nil if the total income of a ‘specified fund’ as referred to in section 10(4D) includes any income in respect of securities as given under section 115AD(1)(a).
(4) In case of AOP the rate of surcharge shall not exceed 15% on the amount of income tax.
(4) The Health and Education Cess is nil if the total income of a ‘specified fund’ as referred to section 10(4D) includes any income in respect of securities as given under section 115AD(1)(a).