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of <h1>Senior Citizens Enjoy Higher Income Tax Exemption Limit of Rs. 1,95,000, No Changes Planned Says Finance Minister.</h1> The income tax exemption limit for senior citizens, including interest income, is set at Rs. 1,95,000, higher than the Rs. 1,10,000 limit for male taxpayers and Rs. 1,45,000 for female taxpayers. Currently, there are no plans to alter this arrangement. This information was provided by the Minister of State for Finance in response to a question in the Lok Sabha.
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