TN Elders Welfare Association want revision in IT exemption limit

TN Elders Welfare Association want revision in IT exemption limit

Tamil Nadu Elders Welfare Association has requested the Central government to increase the income tax exemption limit for senior citizens and pensioners.

The Association’s treasurer, S.M.Chellasamy, said that the income tax exemption limit for senior citizens and pensioners must be raised from the existing ₹1.5 lakh to ₹3 lakh. The Association has also made a representation to the Union Finance Minister on the issue.

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