Exemptions available for senior citizens
This query is : Resolved
Tarun Kumar G
(Querist)
14 March 2014
Hi All,
Wat are the exemptions available for senior citizens?
19 March 2014
For the AY 2013-14, IT slab for senior citizens is Rs. 2,50,000/- and for the AY 2014-15 due to tax rebate under new section 87A for Rs. 20,000/- up to total income not exceeding Rs. 5 lac, effective IT slab for senior citizens will be Rs. 2,70,000/-.
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