Section 80TTB of the Income Tax Act gives tax benefits for individuals 60 or older, by offering a deduction of Rs 50,000 on interest income generated from various deposits.
Section 80TTB of the Income Tax Act provides tax benefits for senior citizens on interest income from deposits, allowing a deduction of Rs. 50,000 on deposits from the Post Office, Bank, and Cooperative Society
Safe Investment Options That Can Help Your Parents Save Tax If They Are Senior Citizens indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
A city sessions court on Feb 6 denied regular bail to two postal agents of the year 1999-2000 in the Shastrinagar post office in an alleged scam of ₹6 cr.