Senior Citizen Slab Rate Ay 2024-25. Above rs 3 lakh and up to rs 6 lakh: Are you a senior or a super senior citizen looking to file your itr and avail.
Income slab applicable tax rate applicable income tax (in rs) up to rs 3 lakh: The new tax slab would be the default tax slab.
(30% Of Annual Income Minus Rs.
* in budget 2023, the highest surcharge rate of 37% has been reduced to 25% under the new tax regime.
20% Of Total Income Minus Rs.
Resident senior citizen (who is 60 years or more but less than 80 years at any time during the previous year) net income range:
For Senior Citizens (Ages 60 To 80 Years) Senior Citizens, A Revered Demographic In Our Society, Are Accorded Special Tax Considerations.
Images References :
Are You A Senior Or A Super Senior Citizen Looking To File Your Itr And Avail.
The highest surcharge rate under the new tax regime was reduced from 37% to 25%.
Income Slab Applicable Tax Rate Applicable Income Tax (In Rs) Up To Rs 3 Lakh:
Discover the tax rates for both the new tax regime and the old tax regime.
It Is Advised That For Filing Of Returns The Exact Calculation May Be Made As Per The Provisions Contained In The Relevant Acts, Rules Etc.