View Single Post
Old 06-16-2011, 12:31 PM   #5
S.T.D.

Join Date
May 2008
Age
43
Posts
5,220
Senior Member
Default
New Delhi, Jun 6 (PTI) In India, as many as 85 lakh salaried tax payers whose taxable income, including salary and interest income, is up to Rs 5 lakh, are not required to file income-tax return from now onwards.
"No income-tax returns is required for salaried persons whose annual annual taxable income including salary and interest is up to Rs 5 lakh. We would shortly notify this," a Central Board of Direct Taxes official said.
..........
Hopefully, the phrase "salaried" implies pensioners as well, and if true, that would be a great relief for senior citizens.

Ramani
S.T.D. is offline


 

All times are GMT +1. The time now is 11:18 AM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Design & Developed by Amodity.com
Copyright© Amodity