India, Aug. 24 -- President Donald Trump's 'One Big Beautiful Bill' offers to bring widespread tax relief for senior citizens. Signed into law on July 4, the act introduces a measure to provide significant tax deductions for individuals aged 65 years or older and significantly increases the percentage of senior citizens exempt from paying social security taxes.

Justifying the reason for implementing this bill, the official website of Daniel Webster (representative for Florida's 11th congressional district) states, "H.R. 1, the One Big Beautiful Bill Act, enacts the largest tax cut in American history, lowering rates for working families, providing tax relief for senior citizens, eliminating taxes on tips and overtime pay, and expanding i...