Tag Archives: #GoldenYears

Senior Citizen Schemes

Senior Citizen Schemes In India, various schemes and benefits are available for senior citizens, aimed at providing financial security, healthcare support, and other assistance. Here’s an overview of some key senior citizen schemes in India: Pradhan Mantri Vaya Vandana Yojana (PMVVY): 1. PMVVY is a pension scheme for senior citizens (aged 60 years and above),… Read More »

Should I pay capital gain to income tax?

Tax planning for property sale

Tax planning for property Sale Tax planning for property sale, Capital gains tax: As an 80-year-old individual who is selling his own earn immovable property, may be liable to pay capital gains tax on the sale, depending on the specific details of the transaction. Capital gains tax is a tax levy on the profit earn… Read More »