Tag
80ttb
2 articles tagged 80ttb.
nri
NRI Senior Parents in India Tax Planning 2026: 80D, 80DDB, 80TTB, Gift + Clubbing Rules
An NRI son in Dubai pays ₹60,000 premium for his Bangalore parents' health insurance, sends ₹50,000 monthly maintenance, and worries about whether his parents' SCSS investment counts when they are 65+ and his sister files Power of Attorney. The 2026 master playbook: Sec 80D for senior parents premium, Sec 80DDB chronic illness, Sec 80TTB senior interest deduction post-Apr-2025, gift rules without clubbing, and which schemes only Indian-resident parents can hold.
retirement
Income Tax for Pensioners India 2026: Slabs, 80TTB ₹1 Lakh, Standard Deduction & Form 15H
Pensioners get a better deal in 2026 than most realise — senior interest TDS-free threshold doubled to ₹1L, ₹12.75L effectively tax-free under new regime. The complete guide.
10 min read