https://www.taxtmi.com/article/detailed?id=1203 Budget 2011 marginally increases the basic exemption and leaves women's exemption unchanged while establishing a new very senior citizen category with a higher basic exemption and lowering the senior citizen age threshold to sixty. It extends the additional deduction for long term infrastructure bond investments for one year and, from April 2011, excludes employer pension contributions from amounts eligible under Section 80C. Compliance measures introduce a simplified Sugam return, expanded e filing and e payment facilities, and a possible filing exemption for salary only taxpayers. en-us Thu, 10 Mar 2011 21:53:20 +0530 Thu, 10 Mar 2011 21:53:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1203 Budget 2011 marginally increases the basic exemption and leaves women's exemption unchanged while establishing a new very senior citizen category with a higher basic exemption and lowering the senior citizen age threshold to sixty. It extends the additional deduction for long term infrastructure bond investments for one year and, from April 2011, excludes employer pension contributions from amounts eligible under Section 80C. Compliance measures introduce a simplified Sugam return, expanded e filing and e payment facilities, and a possible filing exemption for salary only taxpayers. Articles Income Tax Thu, 10 Mar 2011 21:53:20 +0530 https://www.taxtmi.com/article/detailed?id=1203