Monday, 30 January 2012

TAX RATE : SUPER SENIOR CITIZENS



My grandfather is 82 years old, a retired Govt.employee. He want to know is there any privilege in the tax rate for the year 2012-2013 as he is being a super senior citizen?

For resident Super Senior Citizens. (Age above 80Years)



Up to Rs 5,00,000                        Nil
Rs. 5,00,001 to Rs. 8,00,000        20%
Above Rs. 8,00,000                     30%

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