Senior Citizens - New Tax Regime Benefits | 14 New Tax Regime Benefits | Senior Citizens | ITR 2024

In 2024, Unique New Tax Regime Benefits to senior citizens are very unique. A range of provisions aimed at easing financial burdens and supporting retirement.

These benefits often include
higher standard deductions,
Unique Exemptions,
Various Deductions from certain taxes
Share Market Long Term Gain Benefits
Short Term Gain Benefits to Senior Citizens
Medical expenses Etc.
may also be deductible.

Senior Citizens Tax Exempted | Senior Citizens Tax Benefits | 14 Tax Benefits to Senior Citizens |
Senior Citizens - New Tax Regime Benefits | 14 New Tax Regime Benefits | Senior Citizens | ITR 2024
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Which Tax benefits available to senior citizens
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Tax exemptions to senior citizens
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Senior Citizen
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Higher exemption limit
Standard deduction under section 16(ia)
Interest on deposits section 80TTB
TDS on interest income section 194A
Medical insurance premium section 80D
Medical treatment of specified diseases section 80DDB
Payment of advance tax
Relief in filing ITR
No need to file ITR section 194P
Offline ITR facility for super senior citizen
Tax benefit on long term capital gain
LTCG
Rebate under section 87A
Deduction under section 80C
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