2024 Standard Deduction For Seniors In India. — finance minister has announced a hike in the standard deduction amount in new tax regime hiked to rs 75000 in budget 2024. The primary difference lies in the basic exemption ceiling, which.
— senior citizens have higher deduction limits and exemption benefits than younger taxpayers. 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.
2024 Standard Deduction For Seniors In India Images References :
