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  • Income Tax Return or ITR is an annual online activity that needs to be filed by every responsible Indian citizen - it keeps the record of your income and taxes that you are liable to pay during a year. Here are some benefits of filing ITR.


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  • As a culture, India has been known to provide its Senior Citizens with additional benefits that can help them through the essential phases of old age and post-retirement life.


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  • Filing Income Tax returns in India is a time-consuming process that needs preparation in terms of collating the income tax proof submission documents by the taxpayer. These documents usually include your proof of income from various sources, along with the investments done in a given financial year.


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  • Filing income tax returns is an annual duty that citizens need to diligently fulfil for ensuring smooth governance.


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  • Seniors and super-seniors have a lot to cheer about. The Government has announced a slew of measures to ease the tax burden, thus directly impacting the savings capacity of senior citizens.


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  • Tax Exemption for Senior Citizen: The Union Budget 21-22 introduced a new income tax return (ITR) exemption policy for senior citizens. Read here to know the income tax benefits for senior citizens.


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