New Tax Regime 2024 Standard Deduction For Senior Citizens

New Tax Regime 2024 Standard Deduction For Senior Citizens. As per them, the standard deduction under the new tax. Get the information about the old and new income tax slabs for individuals, senior citizens and super.

Under the new tax regime, senior citizens can claim a maximum deduction of rs 50,000 under section 80d for health insurance premiums. Yes, standard deduction of rs.50,000 or the amount of salary, whichever is lower, is available for both.