New Income Tax Slab 2023-24 For Senior Citizen Vs Old, Which Will Follow This Year?

With the new Union, Budget 2023-24 released the income tax slab and rates have been modified for the senior citizens under a simplified tax regime or New Tax Regime. These new changes have raised several questions and doubts in the minds of senior citizens and retired employees. However, this article will help you to get rid of all the doubts and misunderstandings regarding the new income tax slab.