Super Senior Citizen Tax Slab Ay 2024-25. Income tax exemption limit is up to rs 5 lakh for super senior citizen aged above 80 years. 50 lakh up to rs.
An additional 4% health & education cess will be applicable on the tax amount calculated as above 2. Surcharge and cess will be applicable as discussed above.
The Finance Act, 2020 Inserted A New.
Get the information about the current income tax slabs for individuals, senior citizens and super senior citizens on.
Surcharge And Cess Will Be Applicable As Discussed Above.
So for the first 3 lakh, tax would be zero.
Also, Know Benefits, Calculation, Tax Filing And Exemptions.
Images References
15% Of Income Tax, Where The Total Income Exceeds Rs.
50 lakh up to rs.
An Additional 4% Health &Amp; Education Cess Will Be Applicable On The Tax Amount Calculated As Above 2.