Tax Slabs For Senior Citizens Ay 2024-24

Tax Slabs For Senior Citizens Ay 2024-24. Resident super senior citizens aged over 80 years; For senior citizens aged 60 years and above but below 80 years, the basic exemption limit is rs 3 lakh.


Tax Slabs For Senior Citizens Ay 2024-24

February 24, 2024 by pooja gupta. Section 194p of the income tax act, 1961 senior citizen tax slab ay 2024 24.

*Indicates The Higher Exemption Than Individual Citizens.

Things get complicated but let’s look at the.

For Senior Citizens And Super Senior Citizens, The Basic Exemption Limit Is Rs 3 Lakh And Rs 5 Lakh, Respectively.

Which financial year do you want to calculate taxes for?

Under The New Tax Regime, The Basic Exemption Limit Is Rs 3 Lakh.

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Things Get Complicated But Let’s Look At The.

February 24, 2024 by pooja gupta.

Surcharge Rate From April 1, 2023 Under New Tax Regime.

The amount of income tax that each individual must pay.

The Income Tax Slabs For Senior Citizens Under The New Regime Are As Follows: