Income Tax Slab for Women

No, the latest income tax slab for women is the same as that for men in the country. Before the FY 2012-2013, women enjoyed a higher tax exemption than men. However, from FY 2012-2013 onwards, the income tax slab for salaried women and men is uniform.

It also implies that the exemptions and deductions under the Income Tax Act are similar for all individuals. However, the income tax slab differs based on the age of the taxpayer under the old tax regime.

For taxation, individuals are divided into three age groups: under 60 years, between 60 and 80 years and above 80 years. In the case of the new tax regime, the tax rates are uniform for individuals of all ages.

Under Budget 2025, new income tax slabs for women and men were revealed, which will come into force from 1 April 2025. The rates are applicable for FY 2025-26 (AY 2026-27). Women can choose to pay the taxes under the old tax regime or the new tax regime. The tax slabs under both regimes are as follows:

Current Income Tax Slab for Women (FY 2025-26): New Tax Regime

New Income Tax Slab for Women(FY 2024-25): New Tax Regime

Also Read: Old Vs New Tax Regime: Which is Better?

[Note: There is an additional 4% cess for Health and Education, which is applicable above the tax amount.]

Also Read: What is Standard Deduction in Income Tax

Indian working women with an annual income of more than ₹ 50,00,000 have to pay an additional surcharge to the government.

Women taxpayers can claim a rebate under section 87A of the Income Tax Act. Thus, women with an income of up to ₹ 7,00,000 are eligible to get a rebate of ₹ 25,000 or the tax amount payable as relief (whichever is lower) for the FY 2024-25.

However, this limit has been increased for FY 2025-26. Under the new rules, women earning up to ₹ 12,00,000 are not required to pay any taxes, as they are eligible for a rebate of ₹ 60,000. The rebates mentioned above are for those who opt for the new tax regime. As for those women who have opted for the old tax regime, they are eligible for a rebate of ₹ 12,500, which makes incomes up to ₹ 5,00,000 tax-free.

Also Read: Income Tax Rebate Under Section 87A: How it Works?

               [ Income Tax Surcharge Rate and Marginal Relief](https://www.tataaig.com/health-insurance/income-tax-surcharge-and-marginal-relief#:~:text=Rates%20of%20Tax%20Surcharge%20in%20Income%20Tax&text=The%20surcharge%20on%20long%2Dterm,surcharge%20rates%20for%20proper%20calculation.)

Also Read: 80D Tax Deduction Calculator

Also Read: How to Calculate Income Tax on Salary Income Tax Exemptions for Salaried Individuals

The taxable income for both women and men is calculated under 5 heads in our country, which are as follows:

• Income from salary

• Income from house property

• Income from capital gains

• Income from business and profession

• Income from other sources (fixed deposit interest, interest on a savings account, etc.).

As per the new income tax slab for women and increased rebate limit of ₹ 60,000 introduced in 2025, women taxpayers are exempt from paying taxes for earnings up to ₹ 12,00,000, as compared to the previous limit of ₹ 7,00,000.

Besides, women assessees can further reduce their tax liability by claiming various deductions as applicable to them. One such deduction that helps to reduce tax liability is the premium of medical insurance.

Health insurance not only reduces your taxes but also reduces financial stress during medical emergencies. For this, you must choose an efficient health insurance policy, such as the one offered by TATA AIG.

WE offer affordable plans starting at just ₹ 22 per day. You can earn additional discounts by including your family members in your insurance plans. With our low-premium health insurance, you can avail yourself of cashless hospitalisation, multiple add-ons, global cover for planned hospitalisation, wellness services and programs, accidental death cover, and much more.

Further, the TATA AIG Medicare Premier plan offers comprehensive coverage with various sum insured options to meet your health requirements. You can contact our customer assistance team to enquire about our other plans.

Also Read: Tax Benefits of Health Insurance Plans

Is a housewife required to pay income tax?

Yes, a housewife may be required to file income tax if she earns any income, dividend, or other sources if the total amount exceeds the basic exemption limit.

Is the new tax regime better than the old tax regime?

Both the new and old tax regimes have their sets of advantages and disadvantages. Thus, when deciding to opt for one of them, you must take into consideration your net income, the deductions and exemptions available under each regime and the final tax liability. It is beneficial to opt for the regime that best fits your requirements.

Will the surcharge apply to an individual's income?

Yes, a surcharge is applicable to all assesses whose net total income exceeds ₹ 50,00,000 in a financial year. So, if you are an individual with a net income of more than the said amount, a surcharge will be levied.

Is it compulsory for women to opt for the new tax regime?

No, opting for the new tax regime is not mandatory. If a woman taxpayer wants to pay taxes under the old tax regime, she can do so. However, if you don’t opt for the old tax regime explicitly, the new tax regime will be considered the default scheme.

Are there any special tax slabs for women?

As of now, there are no special income tax slabs for women. Thus, they must follow the tax slabs that the government generally sets.

What is the final income tax for a woman with a salary of ₹ 15,00,000 under the new and old tax regimes?

If a woman earns ₹ 15,00,000, she must pay the tax as per the slab rates, which totals the amount to ₹ 1,09,200, including a 4% cess under the new tax regime. If she opts for the old tax regime, the tax liability will be ₹ 1,30,000 after the deductions.