Senior Citizen Tax Slab Ay 2024 24. A super senior citizen is an individual resident who is 80 years or above, at any time during the previous year. 5% above rs 2.5 lakh.
The income tax slabs for senior citizens under the new regime are as follows: Section 194p of the income tax act, 1961 provides conditions for exempting senior citizens from filing income tax returns aged 75 years and above.
Income Tax Slabs According To Old.
19256250 + (42.74% of income above rs.
Resident Senior Citizen (Who Is 60 Years Or More But Less Than 80 Years At Any Time During The Previous Year) Net Income Range:
Check out our guide on senior citizen tax slab at.
Please Note That The Tax Rates In The New Tax Regime Is The Same For All.
Images References :
Surcharge And Cess Are Applicable As Per Rules.
Income tax slabs according to old.
In India, Income Tax Liability Is Calculated On The.
Difference of tax slab rates between new tax regime vs old tax regime.
Resident Senior Citizen (Who Is 60 Years Or More But Less Than 80 Years At Any Time During The Previous Year) Net Income Range: