IT EXEMPTION FOR SENIOR CITIZENS

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..... IT EXEMPTION FOR SENIOR CITIZENS
News and Press Release
Dated:- 24-11-2007

Lok Sabha Income of senior citizens (including interest income) is exempt from tax upto a limit of Rs.1,95,000 .....

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..... /- as compared to the normal limit of Rs.1,10,000/- in the case of any other man taxpayer and Rs.1,45,000/- in the case of any other woman taxpayer. No change in the existing dispensation is contempla .....

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..... ted at present. This information was given by Shri S.S. Palanimanickam, Minister of State for Finance in reply to a question raised by Shri Rewati Raman Singh in the Lok Sabha today.
News - Pres .....

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..... s release - PIB .....

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