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priyalisharma | 09:51 Mon 24th Dec 2012 | Business & Finance
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When senior citizen age reaches 80 yrs what is the impact on his tax?
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Some on here would say 80 is still young.
Are you in the UK?
If you are asking about the UK, the answer is no- the tax allowance increases at age 65 but doesn't change again at 80.
However the state pension can change
http://www.nidirect.gov.uk/index/information-and-services/pensions-and-retirement-planning/pensions-and-retirement/state-pension/extra-pension-entitlement/the-over-80-pension.htm
The tax allowance increases at 65 and at 75, but not at 80.
Note that these allowances are being "modified" (i.e. eventually scrapped):

From 2013-14, the availability of the "age-related" income tax personal allowances will be restricted. The allowance of £10,500 for 2012-13, available to people aged 65 to 74 will be restricted to people born after 5 April 1938 but before 6 April 1948. The allowance of £10,660 for 2012-13, available to people aged 75 and over will be restricted to people born before 6 April 1938.
From 2013-14, the amounts of these allowances will not be increased.
basically he will have more benefits as his assessee type will change
-- answer removed --
ememption limit is increased
I'm puzzled as to why this site seems to be attracting quite a few new members posting /answering questions about income tax forms and allowances in India.
This site seems to show the rates
http://www.indiantaxupdates.com/2012/12/26/income-tax-guide-cum-planning-for-individual-assesse/

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