Fact Check: A message is going viral on social media claiming that the Government of India will no longer levy any tax on people above 75 years of age. PIB has said that this message going viral on social media is fake.
Fact Check: A message is going viral on social media claiming that the Government of India will no longer levy any tax on people above the age of 75 years. PIB has said that this message going viral on social media is fake. Now the question arises that where did this figure of 75 years come from. Actually, the government has given a big tax relief to people above the age of 75, but that is not a tax exemption. Before knowing more about this, see which message is going viral on social media.
The viral message on social media reads- “Big announcement of the central government – these people will not have to pay tax. Modi government Senior citizens of the country will not have to pay tax, because on completion of 75 years of India’s independence, senior citizens above the age of 75 will no longer have to pay tax on their income. Senior citizens in India live on income from pension and other schemers, they do not have to pay any tax on their income and they will not have to file income tax returns because senior citizens are exempted from it. According to the information given by the Central Board of Direct Taxes, the government has changed the law to give tax exemption to senior citizens. Important changes between Rule 31. Rule 31A. Form 16 and 24Q and a citizen of the age of 75 will have to submit a 12-BBA application in the bank to get tax exemption.”
A message circulating on social media claims that senior citizens above 75 years of age will no longer have to pay taxes.#PIBFactCheck
✔️This message is #fake
✔️Senior citizens above 75 years, with only pension and interest income, are exempt from filing ITR (as per Section… pic.twitter.com/ANLQG4LmxV
— PIB Fact Check (@PIBFactCheck) February 23, 2025
What is said in PIB Fact Check?
PIB has called this claim fake. PIB has said that people above 75 years of age are exempted from filing income tax returns under section 194P on income from pension and interest. PIB has said that if there is any tax liability on them, it is already deducted by their bank. That is, people above 75 years of age are not exempted from tax, but are exempted from filing ITR.
Who is not required to file income tax return?
Under Section 194P of the Income Tax Act, 1961, senior citizens of 75 years or above are exempted from filing income tax returns. Please note that Section 194P is applicable from April 1, 2021.
This message goes viral every day
It was announced in the budget before its implementation in 2021. Since then, from time to time, every year or several times a year, this message goes viral on social media. Every time PIB fact-checks it and calls it fake. However, people on social media forget old things very quickly and that is why after every few months, this message starts going viral on social media.
