Income Tax Return: Union Budget 2023 is going to be presented in a few days. People are eagerly waiting for this budget and people are hopeful that many important announcements can be made in this budget.
On the other hand, many important announcements were made by the Modi government in the last budget, regarding which the government has given information about the further progress of those announcements. Under this, tax relief has also been given to many people.
Income tax In fact, in the budget 2021-22, some provisions were made regarding tax and NRIs and relief was also provided to NRIs. Giving information about this, a tweet has also been done on behalf of PIB and information has been given about further progress.
एनआरआई को टैक्स में राहत!
आयकर अधिनियम, 1961 की धारा 89ए एनआरआई करदाताओं को सेवानिवृत्ति लाभ खातों से उनकी आय के संदर्भ में राहत प्रदान करती है। नियम 21AAA अधिसूचित। अधिसूचित देश कनाडा, यूनाइटेड किंगडम और संयुक्त राज्य अमेरिका हैं।#UnionBudget #PromisesDelivered@nsitharaman pic.twitter.com/KU7v0JnX12
— PIB in Uttar Pradesh (@PibLucknow) January 5, 2023
Tax exemption
PIB in Uttar Pradesh tweeted, ‘Tax relief for NRIs! Section 89A of the Income Tax Act, 1961 provides relief to NRI taxpayers in respect of their income from retirement benefit accounts. Rule 21AAA notified. Notified countries are Canada, the United Kingdom and the United States. This tweet has also been retweeted through Income Tax India.
वरिष्ठ नागरिकों के लिए राहत!
आयकर अधिनियम, 1961 में धारा 194पी शामिल की गई, जो 75 वर्ष से अधिक आयु के उन वरिष्ठ नागरिकों को आईटीआर दाखिल करने से छूट देती है, जिनके पास केवल पेंशन और ब्याज से अर्जित आय है। निर्दिष्ट बैंकों और प्रासंगिक प्रपत्रों को अधिसूचित किया गया।#UnionBudget pic.twitter.com/baWHIJJEZu
— PIB in Uttar Pradesh (@PibLucknow) January 5, 2023
Along with giving relief to income tax return
NRIs, relief has also been given to senior citizens. Giving information in another tweet, PIB in Uttar Pradesh said, ‘Relief for senior citizens! Section 194P was inserted in the Income Tax Act, 1961, which exempts senior citizens above 75 years of age from filing ITR, who have only pension and interest earned income. Designated banks and relevant forms notified.
