Standard Tax Deduction 2024 India For Seniors. For senior citizens (above 60 years but below 80 years) and super senior citizens (80 years of age and above), the basic tax exemption limit is rs 3 lakh and rs 5 lakh, respectively. 🔍 what’s new in budget 2024?.

The primary difference lies in the basic exemption ceiling, which denotes the maximum amount that is. 50,000 or the amount of salary, whichever is lower;