Central Government’s Big Announcement – These People Will Not Have to Pay Tax

Fake News About Income Tax Exemption For Senior Citizens of 75 Age & Above Viral. A message going viral on social media which claims that as per the Centre’s new guidelines, senior citizens above 75 years of age would not have to pay income tax any more.

It reads, “The Modi government will not have to pay tax to the senior citizens of the country, because on the completion of 75 years of India’s independence, senior citizens above 75 years of age will no longer have to pay tax on their income. According to the information given by the Central Board of Direct Taxes, the central government has changed the law to provide tax exemption to senior citizens…”

What’s the truth?: This claim is false.

  • The Centre has not exempted any tax to senior citizens above 75 years of age.

How did we find out the truth?: We did not find any credible news reports supporting this viral claim.

  • We did find reports from Business Today and Financial Express shared on 29 November 2024 which stated that Union Finance Minister Nirmala Sitharaman announced relief for taxpayers in the New Tax Regime by raising the Standard Deduction limit from Rs 50,000 to Rs 75,000.
  • It further stated that senior citizens were not included in this relief.
  • Moreover, we then found a post shared by the Press Information Bureau (PIB) on their official social media handles.
  • PIB tagged this viral post as ‘fake’.
  • They further clarified, “Senior citizens above 75 years, with only pension and interest income, are exempt from filing ITR (as per Section 194P) Taxes, if applicable, are deducted by the specified bank after computing the income and eligible deductions.”

Next, we visited the official website of Income Tax which stated that Section 194P of the Income Tax Act, 1961 provides conditions for exempting senior citizens from filing income tax returns aged 75 years and above.

Here are the conditions.

(Source: IT website/Screenshot)

Conclusion: A misleading message about senior citizens above 75 years of age getting exempted from paying income tax is going viral online.

Alert: You May Loss Your Personal Data And Money By Clicking On This Fake Message

Fake Message Alert: Social media is a very good tool of information for us, but we should be very careful in its use. One wrong decision of yours leads you to big loss. Do not blindly believe all the information available on social media. Nowadays one such message is becoming viral on social media, in which it is being said that the government will give loans at low interest rates.

What is the claim

A message is becoming increasingly viral on social media, in which it is being said from the government to give cheap loans on Aadhar card. It has been claimed in this message that under the PM scheme, the government is giving loans at the rate of 2 percent. Along with this, 50 percent discount has also been said in it.

What is the truth of the claim

PIB investigated this message which is becoming increasingly viral on social media and found that this message is completely fake. The government is not running any such scheme. PIB said in its fact check that the claim of giving loan from Aadhar card under PM scheme is fake.

Do not share such messages

Describing this message that has gone viral on social media as completely fake, PIB also asked people to be alert. PIB asked people not to forward such messages. By being misled by such messages, you put your personal information and money at risk.

PIBFactCheck: This account is Fake, SSC does not have any official Twitter account

A Twitter account “@ssc_nic_in” claims to be the official Twitter handle of the Staff Selection Commission (SSC).

#PIBFactCheck: This account is #Fake. SSC does not have any official Twitter account.

For updates, visit SSC’s official website: https://t.co/TBpAUvyLpt