Senior Citizen Tax Slab For Fy 2024-24. The income tax slabs for senior citizens under the new regime are as follows: Senior citizens with age of 60 to 80 years;
Resident super senior citizen (who is 80 years or more at any time during the previous year) net income range: See how the latest budget impacts your tax calculation.
The Tax Calculated As Per The Above Income Tax Slab Rates Will Be Increased By A Health And Education Cess On Income Tax Of 4%.
Taxpayers above the age of 80 are regarded as super senior persons under the income tax act of.
The Highest Surcharge Rate Of 37% Reduced To 25% In The New Regime.
If the super senior citizen is filing itr in 2023 (i.e.
See How The Latest Budget Impacts Your Tax Calculation.
Images References :
What Is The Income Tax Slab?
Income tax slab rate for.
Explore The Changes Between The New Vs Old Tax Regimes, Budget Implications, And Specific Details.
Check out our guide on senior citizen tax slab at.
Rebate Under Section 87A Increased To Taxable Income Of Rs 7 Lakh (Tax Rebate Of 25,000) From 5 Lakh.
