The Free Press Journal

Mixed reactions on ITR relief

- NARSI BENWALMumb­ai

I survive on my monthly pension, which is my only source of income. Since this is an announceme­nt made, I would spend less and there won't be any chaos for me to go to my bank and get the ITR filed.

Raj Kumar Singh, former employee of an electrical instrument­s firm

One of the most important announceme­nts made by FM Nirmala Sitharaman in her budget speech is the exemption granted to senior citizens above the age of 75, from filing income tax returns. This comes as a relief for senior citizens from filing their annual returns but there have been mixed reactions. Responding to the announceme­nt, Raj Kumar Singh, a former employee of an electrical instrument­s firm, said this would bring in huge relief for pensioners.

"I survive on my monthly pension, which is my only source of income. Though I don't receive a huge amount, I still had to file ITR every year and make payments to my accountant for the same," Singh

I am surviving on my pension. But some senior citizens also have investment­s as their incomes. There are chances that people might misuse the relief.

Birmatiben Shah, senior citizen

said.

"But now since this is an announceme­nt made, I would spend less and there won't be any chaos for me to go to my bank and get the ITR filed," he added.

However, Birmatiben Shah, a senior citizen thinks that the window might be misused by a few. "I am surviving on my pension. But some senior citizens also have investment­s as their incomes. There are chances that people might misuse the relief," Shah, a resident of Bandra said.

Newspapers in English

Newspapers from India