Tax Rate For Senior Citizens Fy 2024-24. The finance act, 2020, has provided an option u/s 115bac to individuals and huf for payment of taxes. (age above 60 years) old tax slab:
Income tax slabs (in rs) income tax rate (%) between 0 and 3,00,000: Senior and super senior citizens can opt for the old tax regime or the new tax regime with lower rate of taxation (u/s 115 bac of the income.
For Senior Citizens And Super Senior Citizens, The Basic Exemption Limit Is Rs 3 Lakh And Rs 5 Lakh, Respectively.
02 feb, 2024 | 04:48:55 pm ist.
Surcharge Rate From April 1, 2023 Under New Tax Regime.
Income tax slabs for individuals under old tax.
Senior And Super Senior Citizens Can Opt For The Old Tax Regime Or The New Tax Regime With Lower Rate Of Taxation (U/S 115 Bac Of The Income.
Images References :
02 Feb, 2024 | 04:48:55 Pm Ist.
Discover the tax rates for both the new tax regime and the old tax.
Senior And Super Senior Citizens Can Opt For The Existing Tax Regime Or The New Tax Regime With Lower Rate Of Taxation (U/S 115 Bac Of The Income Tax Act) The.
*indicates the higher exemption than individual citizens.
Surcharge Rate From April 1, 2023 Under New Tax Regime.
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