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Adding further, many senior citizens mistakenly assume that filing returns isn't necessary if tax is already deducted at source (TDS) on their income. However, this is incorrect.

Additionally, senior citizens can take advantage of increased deductions such as health insurance ... Income Tax Slab for Senior Citizens (FY 2024-25, Old Tax Regime)

In 2024, it increased again, jumping about 5.4% from 2023 levels. Additional standard deduction for seniors and blind individuals If you are over age 65 or blind, you're eligible for an additional ...

Additionally, senior citizens can take advantage of increased deductions such as health insurance premiums under Section 80D and interest income from deposits under Section 80TTB, alongside a ...