Regret, a self-attentive negative emotion, comes from the realization of the inappropriate course of action taken in the past. While it comes from our actions that we have performed in the past, which we wish we would not have done, it may also come from our inaction, that is, the things we did not do and we wish we would have done. An extensive body of research is available on regret, its process, cause, and consequences. However, not much can be found to understand the interplay between gender and regret. The present study examines regret experiences for men and women in the context of the Indian collectivist and patriarchal society. The data was collected on 300 retired government employees residing on various districts of Bihar state of India. The results show that men and women not only have different regrets but also the emotions associated with them. Though gender does not show a difference in having action or inaction regret, it is found that women reported more regret due to self-expectation than others' expectation. Women also reported a higher chance of being involved in upward counterfactual thinking than men. Moreover, it is also found that attribution of regret is also significantly influenced by gender.