senior citizens tax filing

ITR forms 2025-26: Which ITR form suits senior citizens for FY 2024-25? Here’s what to know

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ITR forms 2025-26: Which ITR form suits senior citizens for FY 2024-25? Here’s what to know

As the tax filing season approaches, it is essential for senior citizens and super senior citizens to select the correct Income Tax Return (ITR) form, ensuring compliance and maximising benefits. Senior citizens, defined as those over 60, can enjoy a basic exemption limit of Rs 3 lakh under the Income-Tax Act, 1961, while super senior … Read more

Tax filing 2024: What all senior citizens should know before filing taxes for AY2024-25

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Tax filing 2024: What all senior citizens should know before filing taxes for AY2024-25

Income Tax for senior citizens: As the deadline for income tax filing nears, it is imperative for senior and super senior citizens to comprehend the distinct provisions. The Income Tax Department has designated exemptions, deductions, and advantages designed for senior citizens and super senior citizens in accordance with the Income Tax Act, 1961. The income … Read more