Standard Deduction For 2024-25 202425 For Senior Citizens. Income exemption limit is higher. The deduction amount for senior citizen is rs.1 lakh and rs.


Standard Deduction For 2024-25 202425 For Senior Citizens

An individual resident who is 60 years or above in age but less than 80 years at any time during the previous year is considered as senior citizen for income tax purposes. But individuals can also claim a deduction of up to rs.

Standard Deduction For 2024-25 202425 For Senior Citizens Images References :