Income Tax Slab For Senior Citizens For Ay 2024-24. A) change in tax slab of ‘new tax regime’. March 27th, 2024 10:21 am.
Things get complicated but let’s look at the timeline and try to simplify the different income tax slabs of bold old and new applicable for this year and subsequent years. Resident senior citizen (who is 60 years or more but less than 80 years at any time during the previous year) net income range:
B) Increase In The Rebate Limit To Rs.7 Lakh In The ‘New Tax Regime’.
2.2.1 Income Tax Slabs For Individual Aged Below 60 Years &Amp; Huf.
Check out our guide on senior citizen tax slab at.
The New Tax Regime Has The Same Tax Rates For All Categories Of Individuals, With No Increased Basic Exemption Limit Benefit Available For Senior And Super Senior.
Images References :
New And Old Income Tax Slabs For Senior Citizens Are As Follows:
No changes have been announced by the finance minister nirmala sitharaman in the income tax slab rates in interim budget 2024.
Resident Senior Citizens Aged 60 To 80 Years;
If a senior citizen or super senior citizen opts for the old,.
Stay Informed About The Changes That May Affect Your Tax.