https://www.taxtmi.com/manuals?id=4213 Exemption limits provide elevated non-taxable thresholds for older age cohorts. For financial year 2022-23 resident senior citizens receive a higher basic exemption limit than non-senior taxpayers, yielding an additional non-taxable benefit. Resident very senior citizens receive an even higher exemption threshold for the same year, increasing the non-taxable income available to that cohort and constituting a material additional tax-relief benefit relative to non-senior taxpayers. en-us Tue, 26 Dec 2023 11:28:00 +0530 Tue, 26 Dec 2023 11:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4213 Exemption limits provide elevated non-taxable thresholds for older age cohorts. For financial year 2022-23 resident senior citizens receive a higher basic exemption limit than non-senior taxpayers, yielding an additional non-taxable benefit. Resident very senior citizens receive an even higher exemption threshold for the same year, increasing the non-taxable income available to that cohort and constituting a material additional tax-relief benefit relative to non-senior taxpayers. Manuals Income Tax Tue, 26 Dec 2023 11:28:00 +0530 https://www.taxtmi.com/manuals?id=4213