Tax rate for Very Senior Citizens

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As per the new Tax Rule for Very Senior Citizens (citizens of age 80 and above), the Taxable income is only if above Rs.5/- lacs per year and is applicable only to Resident Individual Assessees. Can u pls explain why this is denied for Very Senior Citizens of Indian Origin (NRIs/PIOs)?

Anicha

1 Answers

This is a Govt policy decision and we can't say why it has been denied.

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