Senior Citizen Rebate

A parliamentary committee has recommended that senior citizen concessions be reviewed and restored "urgently" at least for sleeper class and AC 3-tier train travel.

The Union Budget 2019-20 has given full tax rebate to individuals having a taxable annual income of up to Rs 5 lakh

While senior citizens will continue to enjoy greater tax exemption, women tax payers will lose their special status under the proposed Direct Taxes Code. The Bill proposes to raise the tax exemption limit for senior citizens above 65 years to Rs 2.5 lakh per annum from Rs 2.4 lakh at present. The income tax exemption limit for general ...

A parliamentary committee has recommended that senior citizen concessions be reviewed and restored "urgently" at least for sleeper class and AC 3-tier train travel.

The Union Budget 2019-20 has given full tax rebate to individuals having a taxable annual income of up to Rs 5 lakh

While senior citizens will continue to enjoy greater tax exemption, women tax payers will lose their special status under the proposed Direct Taxes Code. The Bill proposes to raise the tax exemption limit for senior citizens above 65 years to Rs 2.5 lakh per annum from Rs 2.4 lakh at present. The income tax exemption limit for general ...