1. Benefits under medical Insurance Under section 80 D: Senior Citizens  Medical Insurance premium amount Deduction Rs 50,000/- Can also claim preventive health check-ups deduction of Rs 5000/-, which is within the overall limit of Rs 50,000/-

1. Basic Tax Exemption Slab:  The government has set up a basic exemption limit for senior and super senior citizens.

             Senior Citizens (60 Years old or < 80 Years Old)

          Super Senior Citizens (80 Years old or more)

1. More deduction for Interest Income: Interest income up to Rs 50,000/- is allowable as a deduction under Chapter VI A Section 80 TTB. The deduction is available against the Interest income from post office account, saving account, deposit in a bank.

1. No Advance Tax Payment:   Senior citizens, who are 60 Years or older, and do not run a business, are exempt from paying advance tax.

1. Allowance on the treatment of specified disease:  Under section 80 DDB senior citizens get a deduction of Rs .1 lakh if they under mistake any treatment for specified disease / critical illness

1. Manual filing possible in ITR: Super senior citizens (individuals above 80 years) can file income Tax Returns manually or electronically.

1. Standard Deduction from Pension Income: Senior citizens are allowed a standard deduction of Rs. 50,000 on account of their pension income