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Tax slabs for Senior and Super Senior Citizens
Is there no separate IT slab for Senior and Super Senior citizens? In that case there is no additional benefits to Super Senior citizens other than 10,000 increase in Standard deduction. Super senior citizens are already availing 5 Lakhs rebate in FY 18-19.
Replies (2)
No change in the existing slab
Super Senior citizen
limit has been increased to Rs.5 lacs.
upto 5 lacs no exemption.
limit has been increased to Rs.5 lacs.
upto 5 lacs no exemption.
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