1) Sir, I am a Super Senior citizen 81years aged I have heard that for 2023-24 year for 5 lakhs to 7 lakhs income I T is 20% in excess of net income of 5 lakhs under old tax regime. Is this position correct 2) whether under this scheme deductions such as Std dedcn, 50,000 Disability rebate ,75,000 health ins premium i 20,000 is available . Requet you kindly to clarify @ the earliest

I am a senior citizen using old system as can claim 80C, 80D & 80TTB all together exemption of Rs 250000 1 Should I continue with old system if income after deducting exemption is arpund Rs 10 Lakhs ? 2 As salaried class has been offered Std deduction of Rs 50000, will senior citizens be at disadvantage vis a vis Salaried class if senioe chanes over to new regime ?

sir, under IT new tax regme, I am told that for pensioners standard deduction of Rs 50,000 is allowed kindly clarify wheher this position is correct. Further, Sir, under new regime deductions such as disability rebate of Rs 75 ,000 u\s 80 U and health insurance premium of Rs 20,000 are allowed Kindly advise me.

Namasthe sir. I am Mr Mugalur. Can I request you kindly to clarify the following points ; I am a Pensioner aged 81 years. If I opt for IT new regime, in addition to standard deduction of Rs 50, 000, can I avail other rebates like : (1) disability rebate of Rs 75,000 u\s 80-U, (2) interest on F D up to Rs 50,000 (2) health insurance premium of Rs 25,000. Government has sanctioned me 20% of my basic pension as an allowance for crossing 80 years of age. Though this amount is added to my total pension, this amount is not merged with the earlier basic pension. Instead this amount is shown seperately under the heading “others” Now I want to know whether this allowance can be counted as rebate for getting I T exemption.

I have 2 questions. a) I have attained 60 yrs of age in Feb'23, so shall I be considered as Senior Citizen when filing return for FY 2022-23 and can avail all benefits of Senior Citizen ? b) I am having single Health Insurance Policy of single premium of more than Rs 50000/- for me and my 54 yrs old wife paid by me, so can I avail Rs 50000/- claim under Section 80D for Senior citizen. An early reply will be highly appreciated.......VK