My grand father is a pensioner and his income does not exceed more than 5 lakhs. should he need to file income tax returns in this financial year?
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Income tax returns
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India Income tax slabs 2013-2014 for Senior citizens (Aged 60 years but less than 80 years)
| Income tax slab (in Rs.) | Tax |
|---|---|
| 0 to 2,50,000 | No tax |
| 2,50,001 to 5,00,000 | 10% |
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