Senior citizens and receive a salary. The government might focus on providing tax relief to specific groups, like those with higher spending, through new tax brackets.
In this comprehensive guide, we will demystify the. Under the new tax regime, the basic exemption limit is rs 3 lakh.
For Individual Below 60 Years Of Age, Income Up To Rs 2.5 Lakh Is Exempted From Tax.
The income tax slabs for senior citizens are structured to offer them greater benefits.
The Government Might Focus On Providing Tax Relief To Specific Groups, Like Those With Higher Spending, Through New Tax Brackets.
Apart from this, the tax rates vary accordingly:
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A Super Senior Citizen Is An Individual Resident Who Is 80 Years Or Above, At Any Time During The Previous Year.
The government might focus on providing tax relief to specific groups, like those with higher spending, through new tax brackets.
Check Out Our Guide On Senior Citizen Tax Slab At.