In India what is the scheme for incomtax free income for
people above 60 years?
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Answered by
0
Answer:
Senior citizen savings scheme ( SCSS ) It has been proposed to exempt the senior citizens from filing income tax returns if pension income and interest income are their only annual income source.
Answered by
2
Answer:
In India the scheme for incom tax free income for people above 60 years is the senior citizen savings scheme.
The tax liabilities for senior citizens are calculated on the basis of their salary, house rent and fixed allowances, alongside other income sources.
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