In her third Union Budget, Finance Minister Nirmala Sitharaman announced that senior citizens above 75, who rely only on pension and interests for income, will be exempted from filing Income Tax Returns. "In the 75th year of Independence of our country, we shall reduce the compliance burden on senior citizens," she said. The Finance Minister assured steps will be undertaken to ease tax compliance.

source https://www.newsbytesapp.com/news/business/nirmala-sitharaman-announces-reforms-in-taxes/story

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