2024 Tax Rates And Deductions For Seniors. Once you figure out which tax slab you fall into per. Standard deduction limit for salaried and pensioners hiked to rs 75,000 from rs 50,000.


2024 Tax Rates And Deductions For Seniors

Once the specified bank, as mentioned above, deducts tax for senior citizens above 75 years of age, there will be no requirement to furnish income tax returns by senior citizens. The maximum amount of income you can earn and still get the credit has changed.

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