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Senior Citizen : Income and Tax

This article focuses on Senior Citizen and Income Tax, their sources of income, tax deductions exemptions, their tax slabs.  TDS and Form 15H, filing of the income tax return. Does Senior Citizen have to pay advance tax? Scrutiny and Senior Citizen. As per Budget...

Senior Citizen,Fixed Deposits and Tax

We regularly get queries regarding  Senior citizen Fixed Deposit. My father/mother is retired. He has a fixed deposit with a bank interest of Rs 50,000 a year. Does he need to file his income tax return? Is there any way he could be exempted from taxes? We regularly...
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