Senior Citizen It Slab For Ay 2024-25. For senior citizens (ages 60 to 80 years) senior citizens, a revered demographic in our society, are accorded special tax considerations. Check out our guide on senior citizen tax slab at 5paisa.
Income more than 12 lakhs up to 15 lakhs. * in budget 2023, the highest surcharge rate of 37% has been reduced to 25% under the new tax regime.
Male / Female / Senior Citizen Residential Status Net Taxable Income Income Tax After Relief U/S 87A.
Discover the tax rates for both the new tax regime and the.
Income More Than 12 Lakhs Up To 15 Lakhs.
Budget 2023 also proposed some changes in the income tax slabs.
1.5 Lakh For Investments Like Nsc, Senior Citizen Savings Scheme, Etc.
Images References :
There Were Some Changes Made In Budget 2024 In New Tax Regime Mentioned Below.
So for the first 3 lakh, tax would be zero.
Other Than Senior Citizen &Amp; Super Senior Citizen:
These income slabs keep changing as per the budget from year to year.
Section 194P Of The Income Tax Act, 1961 Provides Conditions.
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