Income Tax Brackets For Seniors In 2024. 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent. Make new tax regime the default tax regime for the.
Section 194p is applicable from 1st april 2021. — the income tax exemption limit is up to ₹3 lakh for senior citizens aged 60 to less than 80 years.