Central Government's Big Announcement - These People Will Not Have to Pay Tax

The Modi government will not have to pay tax to the senior citizens of the country, because on the completion of 75 years of India's independence, senior citizens above 75 years of age will no longer have to pay tax on their income.

Senior citizens in India live on income from pensions and other schemes, they will no longer have to pay any tax on their income and they will not have to file income tax returns, senior citizens have been given exemptions in this.

According to the information given by the Central Board of Direct Taxes, the central government has changed the law to provide tax exemption to senior citizens, which includes important changes between Rule 31, Rule 31A, Form 16 and 24Q, and senior citizens above 75 years of age will have to submit a 12-BBA application to the bank to get tax exemption.

Suresh Pote,
Secretary - Maharashtra Senior Citizens Federation - Mumbai - Navi Mumbai Division.

For senior citizens - the news is very important, you should share it with others too.