Sunday, January 31, 2021

No ITR filing for senior citizens aged 75 years and above earning only pension, interest

This has come after Budget 2018 had announced several tax law changes to provide more tax benefits to senior citizens. These included tax benefits such as introduction of a new section 80TTB in the Income Tax Act, 1961, deduction for medical expenditure in case of no health insurance coverage etc.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3teP9oH

No comments:

Post a Comment