Post Reply 
 
Thread Rating:
  • 0 Votes - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Senior Citizen
03-26-2010, 07:40 PM
Post: #1
Senior Citizen
Dear Members
My question is whether senior citizens are exempted for tax deducted from his salary by employer.
e.g if a person's age above 60 year and getting salary Rs.120,000/- per month.
Visit this user's website Find all posts by this user
Quote this message in a reply
03-26-2010, 08:05 PM
Post: #2
 
Where the taxable income, in a tax year, of a taxpayer aged 60
years or more on the first day of that tax year does not exceed seven hundred fifty thousand rupees, his tax liability on such income shall be reduced by 50%.

Senior Citizen rebat layny k liye 2 condition par pora utarna zarori hay.

1) K us ki age 60 sal ya us say zayada ho.
2) K us ki annual income 750,000/= say zayada na ho.

Agar wo in sharait par pora utarta hay to wo shaks 50% apni Tax liability reduce kar sakta hay
Visit this user's website Find all posts by this user
Quote this message in a reply
03-26-2010, 09:30 PM
Post: #3
 
..'''''Thank you very much Sir G..'''..
Visit this user's website Find all posts by this user
Quote this message in a reply
06-11-2010, 03:56 AM
Post: #4
 
I think after retirement the deduction will be reduced..
http//www.nursinghomecenters.org/
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Forum Jump:


User(s) browsing this thread: 1 Guest(s)