Senior Citizen Tax Slab AY 2023-24

Senior Citizen Tax Slab AY 2023-24

Apr 24, 2023

Rajeev Kumar

As ITR filing is expected to start soon for AY 2023-24, read on to find the Senior Citizen Income Tax Slabs for FY 2022-23 (AY 23-24) under old and new tax regimes.

Senior Citizen Tax Slabs AY 2023-24: New Regime

There are 7 tax slabs for senior citizens under New tax Regime for AY 2023-24.

Senior Citizen Tax Slabs AY 2023-24: New Regime

1. Up to Rs 2.5 lakh 2. Rs 2.5L to Rs 5L 3. Rs 5L to Rs 7.5L 4. Rs 7.5L to Rs 10L 5. Rs 10L to Rs 12.5L 6. Rs 12.5L to Rs 15L 7. Above Rs 15 lakh

Senior Citizen Tax Slabs AY 2023-24: Old Regime

The are four tax slabs under Old Regime for senior citizens for AY 2023-24.

Senior Citizen Tax Slabs AY 2023-24: Old Regime

1. Up to Rs 3 lakh 2. Rs 3L to Rs 5L 3. Rs 5L to Rs 10L 4. Above Rs 10 lakh

The last date for senior citizens and others to file ITR for income earned in FY 2022-23 is July 31.