Income tax on rental and interest from FD

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This discussion clarifies the tax treatment of various income sources, including rent, bank interest from Fixed Deposits (FDs), and partner salary, for an individual aged between 60 and 80 opting for the new tax slab. It confirms that all income is subject to the new tax slab rates and that there isn't a separate tax for bank interest. Additionally, it advises that a standard deduction of £75,000 is not applicable to partner salary as it's taxed as business income.

binu sukumaran

binu sukumaran (Querist)
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11 September 2025 Sir,
one of my friend has income during 25-26 is below
from rent 8,00,000
bank interest 12,00,000
partner salary 5,00,000
he is above 60 but below 80, and select new tax slab.
my doubt is
1. while compute income tax all income is effected tax slab .is there is any separate tax for bank interest
2. can get standard deduction 75,000 for partner salary
please advise