Senior Citizens to Save More! Tax Deduction on Interest Income Doubled to ₹1 Lakh

Senior Citizens Rejoice! Tax Deduction on Interest Income Doubled The Budget 2025-26 brings great news for senior citizens! Finance Minister Nirmala Sitharaman has announced a major relief by increasing the tax deduction limit on interest income from ₹50,000 to ₹1 lakh. Increased Tax Deduction Limit Senior citizens can now enjoy higher tax benefits on interest…

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