Tax

What Is The Tax Liability On Gifts Received?

Seniors may receive gifts from children for their cash flow and other needs, and here’s the taxability.

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Tax
3 Points That You Must Consider When Investing To Save Taxes

Investing for a tax-saving purpose need not be a last-minute activity. Senior citizens can't afford to make a mistake in their tax-saving exercise. Understanding various options, selecting the right one, and putting in an appropriate amount should be the outcome of a well-thought-out plan.

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Tax
Do Senior Citizens Need To File Income Tax Returns?

Anybody earning more than the exempted income tax is required to pay tax and file their income tax return. But, senior citizens, under certain conditions, may ask for an exemption from filing their tax returns

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