My grandfather is 82 years old, a retired Govt.employee. He want to know is there any privilege in the tax rate for the year 2012-2013 as he is being a super senior citizen?
For resident Super Senior Citizens. (Age above 80Years)
Up to Rs 5,00,000 Nil
Rs. 5,00,001 to Rs. 8,00,000 20%
Above Rs. 8,00,000 30%