Exemption from payment of income tax to Pensioners who have attained age of 80 years or more: Agenda Item 47th NC(JCM) Meeting
[Part of the Minutes of the 47th Meeting of National Council (JCM) held on 13th April, 2019 issued by DoPT vide OM No. 3/1/2019-JCA dated 13.06.2019]
6.6 CBDT/Department of Revenue
6.6.3 Item No. 36/19/NC-47 – Exemption from payment of income tax to Pensioners who have attained age of 80 years or more.
Staff Side stated that at present very old pensioners are exempted, if their income is up to Rs 5 Lakh per annum. The Govt. has granted additional pension @20% of their basic pension on attainment of 80 years of age, 30% on 85 years, 40% on 90 years and 100% on attaining 100 years of age. However, the fixation of ceiling of Rs. 5 lakh for exemption from income tax would act to reduce their pension income which will affect them adversely. Staff Side, therefore, suggested that exemption from income tax to very senior pensioners aged 80 years or above be considered and granted by way of gift to these elders on the next Elders’ day.
Reply of the Official Side:
Considering the specific needs of the senior citizens, the basic exemption limit for a senior citizen i.e. above 80 years, is fixed at Rs. 5 Lakh. Hence, the demand of Staff Side is not feasible.
Chairman observed that the Department of Revenue may examine the feasibility of exempting persons above 80 years of age from filing Income Tax Returns, by devising alternative safeguards.
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