Senior Standard Deduction For 2024 Tax Year. Standard deduction limit for family pensioners hiked to rs 25,000 from rs 15,000. It's called the extra standard deduction, exclusively for people who are 65 years and older by the.


Senior Standard Deduction For 2024 Tax Year

People 65 or older may be. Budget 2024 announced a standard deduction of ₹ 75000 per year for salaried individuals who are new income taxpayers.

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