2024 Income Tax Brackets For Seniors . They can benefit from a higher tax exemption limit,. For example, if a salaried employee receives an annual income of rs 11 lakh and qualifies for deductions exceeding rs 3.93 lakh, they may benefit from the old tax.
They can benefit from a higher tax exemption limit,. Standard deduction for salaried employees increased to rs 75,000.
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