Income tax on govt pension income and fixed deposit income.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 April 2016 Could you please provide me information for income tax applicable on Govt pension income for family member and Fixed deposit interest income.
what is the solutions for minimum income tax payable for the applicant age of 52 years.

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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07 April 2016 Family pension and FD interest taxable income after deduction under chapter VI A is less than Rs.500000/ minimum taxable limit Rs.250000/- additional rebate of Rs.5000/- u/s 87A,