Senior Citizens Tax Exemption Rules 2024 । Senior Citizens Tax Benefits AY 202425 ।।
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Download Senior Citizens Forms :
Form 15H : https://bit.ly/3UOd50H
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Video के बारे में :
This video is about the Post office time deposit scheme।
In 2024, tax benefits for senior citizens typically encompass a range of provisions aimed at easing financial burdens and supporting retirement. These benefits often include higher standard deductions, Unique Exemptions, Various Deductions from certain taxes Healthrelated expenses, Medical expenses Etc. may also be deductible. we have discussed about the
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Mail for any Query : [email protected]
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In the Video :
Which Tax benefits available to senior citizens Tax exemptions to senior citizens tax deduction available to senior citizens Senior Citizen Super senior citizen Higher exemption limit Standard deduction under section 16(ia) Interest on deposits section 80TTB TDS on interest income section 194A Medical insurance premium section 80D Medical treatment of specified diseases section 80DDB Payment of advance tax Relief in filing ITR No need to file ITR section 194P Offline ITR facility for super senior citizen Tax benefit on long term capital gain LTCG Rebate under section 87A Deduction under section 80C.
#seniorcitizens #incometax #finotech
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Chapters :
00:00 About the Video
00:45 Who is senior citizen
01:27 Higher basic exemption limit
01:58 No liability to pay advance tax
02:47 Interest on fixed deposit for senior citizens
03:28 Tds deduction section 194A
04:21 Form 15H
04:57 Tax rebate under section 87A
06:16 Medical insurance section 80D
07:10 Medical expenditure under section 80D
08:11 Medical expenditure for specified diseases
08:47 Section 194P
10:00 Standard deduction
10:51 Is it mandatory to file ITR for senior citizens
11:45 Paper ITR filing
12:05 Benefits for senior citizens and general public
12:36 Conclusion.
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