General Tax Rates apply to all my incomes earned during the year.
General Rates what are they‘
Just like I have respect in form of concessions for senior citizens in rail and air tickets, the tax law gives a salute by giving lower rates of taxes to senior citizens. So general rates are categorised in 3 classes:
If I am not a senior citizen (viz below 60 years of age)
If I am a senior citizen (I cross 60 years of age in a financial year)
If I am a super senior citizen ( I cross 80 years of age in a financial year)