Senior Citizens Above 70 Contribute Rising Share to Income Tax
Aug 25, 2025 · 2 min read · India’s oldest taxpayers are playing a steadily growing role in the nation’s direct tax collections. According to Finance Ministry data, the share of income tax paid by those above 70 years of age rose from 5.3% in 2019-20 to nearly 6% in 2023-24, hi...
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