Benefits Available to Senior Citizens

Dear Jitendra,

Benegits to Senior Citizen

1) Slab Benefit -

(III) In the case of every individual, being a resident in India, who is of the age of sixty-five years or more at any time during the previous year,—
Rates of income-tax
(1)	where the total income does not exceed Rs. 2,25,000	Nil;
(2)	where the total income exceeds Rs. 2,25,000 but does not exceed Rs. 3,00,000	10 per cent of the amount by which the total income exceeds Rs. 2,25,000;
(3)	where the total income exceeds Rs. 3,00,000 but does not exceed Rs. 5,00,000	Rs. 7,500 plus 20 per cent of the amount by which the total income exceeds Rs. 3,00,000;
(4)	where the total income exceeds Rs. 5,00,000	Rs. 47,500 plus 30 per cent of the amount by which the total income exceeds Rs. 5,00,000