Income Tax Slab For Fy 2024-24 Old Regime. C)extend the benefit of standard deduction to the. These slab rates vary among different groups of taxpayers.
The announced new tax regime is currently not applicable for categories of taxpayers other than. The income tax slab rates for the old tax regime vary based on age groups.
Here Are The Details For Individuals Aged Between 60 And 80 Years:
2) tax rebate under section 87a increased from rs 5 lakh to rs 7 lakh.
Senior Citizens (60 To 80 Years) Earning An Annual Income Up To Inr 3 Lakh Are Exempted From Paying Tax Under The Old Tax Regime.
The income tax slabs undergo periodic revisions, usually aligned with each budget cycle.
An Individual Or Huf Has To Exercise The.
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However, This Benefit Of Choice Is.
Discover the tax rates for both the new tax regime and the old tax regime according to the budget 2024.
Can I Use The Old Tax Regime For 2024?
The income tax slab rates for the old tax regime vary based on age groups.
Senior Citizens (60 To 80 Years) Earning An Annual Income Up To Inr 3 Lakh Are Exempted From Paying Tax Under The Old Tax Regime.