Higher exemptions, a ₹50,000 deduction on interest, more on health insurance, no advance tax, and no return at all for some over 75
The Pushpa team · 2 sourcesMany retired parents pay more tax than they need to, or file returns they don't have to. The Income Tax Department treats residents aged 60 to 79 as senior citizens and those 80 and above as super senior citizens, with extra benefits for both. These figures are for assessment year 2026–27, as stated on incometax.gov.in
The new regime, now the default, has the same slabs for everyone: no tax up to ₹4 lakh, and with the rebate, no tax on total income up to ₹12 lakh. It doesn't allow most deductions like 80TTB and 80D, so compare both regimes for her income before choosing
Tax rules change every Budget, and India's new Income-tax Act may renumber some sections. Check the current rules on incometax.gov.in, or with a tax adviser, before filing
How Pushpa helpsPushpa keeps her pension, bank and insurance papers with the rest of her records, so whoever helps with her taxes has the PPO, policy and interest certificates in one place
General information, not medical advice. In an emergency in India, call 112
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