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The Times of India

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TIMESOFINDIA.COM

Union Budget 2023: Increase tax exemption limit for senior citizens, says Assocham

Assocham Senior Citizen Tax Exemption New Delhi

NEW DELHI: Industry body Assocham recommended increasing minimum tax exemption limit for senior citizens, that is, people from age 60 to 80 years of age.

In its pre-budget memorandum, the chamber suggested raising the exemption limit for people falling under this age group to Rs 7.5 lakh.

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