Benefits available for senior citizens under IT Act 1961

Divyanshu Sharma , Last updated: 11 April 2023  
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1. Higher Basic Exemption Limit For Senior Citizens the basic exemption limit is fixed at Rs. 3 lakh For Super Senior Citizen it is Rs. 5 lakh of annual total income. 2. Exemption from Payment of Advance Tax A senior citizen need not have to pay any advance tax, provided he does no

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Divyanshu Sharma
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