Senior citizens enjoy tax benefits such as higher exemption limits and deductions under the old regime. While the new regime standardizes limits, retirees can still claim deductions under various sections. Form No. 125 simplifies filing for eligible seniors, … For the full story, visit the source.
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Income tax rules for senior citizens in FY27: What’s new and what stays the same
Senior citizens enjoy tax benefits such as higher exemption limits and deductions under the old regime. While the new regime standardizes limits, retirees can still claim deductions under various sections. Form No. 125 simplifies filing for eligible seniors, …
By Sanchari Ghosh· Livemint· 8 days ago· 2 min read
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