Discover and read the best of Twitter Threads about #SeniorCitizens

Most recents (9)

Do you know, filing of Income Tax return for senior citizen is not compulsory if TDS is deducted u/s 194P.

Let's understand more about section 194P [ A 🧵]

#incometax #IncomeTaxReturns #ITRfiling #seniorcitizens @PratibhaGoyal @TaxationUpdates @AbhasHalakhandi #incometaxportal
Finance Act, 2021 inserted a new Section 194P to provide relief to a senior citizen who is 75 years or more from the burden of filing of return of income.

It provides that if TDS has been deducted u/s 194P, then such senior citizen shall be exempted from filing Income Tax Return
Section 194P provides conditional relief to the senior citizen from filing the Income-tax return.

It is applicable only if the below mentioned conditions are satisfied.
Read 7 tweets
#Thread #Health #Elders #SeniorCitizens

By Arnaldo Liechtenstein, physician: "Whenever, I teach #clinical #Medicine to students in the fourth year of medicine, I ask the following question:

"What are the causes of mental confusion in the elderly?"

1
Some answer: "Tumors in the head".

I answer: No!

Others suggest: "Early symptoms of Alzheimer's".

I answer again: No!

With each rejection of their answers, their responses dry up.

And they are even more open-mouthed, when I list the three most common causes:

2
- uncontrolled diabetes
- urinary infection
- dehydration

It may sound like a joke; but it isn't.

People over 60 generally stop feeling thirsty and consequently, stop drinking fluids.
When no one is around to remind them to drink fluids, they quickly dehydrate.

3
Read 9 tweets
Recent reports indicate that elderly people are being evicted from their homes in alarming numbers. A couple in their 80s seeking assistance visited Jayanagar MLA's office recently.

Everyone has the right to live with dignity.

#OldAgeHome #NALSA #SeniorCitizens #Jayanagar

1/5
Many elder people don't report it because of fear of retaliation. Aside from that, they don't want to complain about their children or cast the family in a bad light.

Despite this, many are unaware of a laws that protects senior citizens from abuse and neglect

2/5
1) The Maintenance and Welfare of Parents and Senior Citizens Act, 2007.

It states that parents and grandparents who are unable to maintain themselves from their own earning can seek maintenance from their children.

3/5
Read 5 tweets
FM @nsitharaman begins her #Budget2022-23 speech by expressing empathy to those who suffered during the pandemic

Says India's growth estimated to be at 9.2%, highest among all large economies



#AatmaNirbharBharatKaBudget Image
Production Linked Incentive(PLI) Scheme for achieving #AatmaNirbharBharat has received excellent response, with potential to create 60 lakh new jobs and additional production of 30 lakh crore during next 5 yrs: FM @nsitharaman

#AatmaNirbharBharatKaBudget #Budget2022 @makeinindia Image
GATI SHAKTI:

#Budget2022-23 reiterates focus on public investment to modernize infrastructure over the medium term

PM @GatiShakti will pull forward the economy and will lead to more jobs and opportunities for the youth: FM @nsitharaman

#AatmaNirbharBharatKaBudget Image
Read 24 tweets
#healthinsurance #seniors #SeniorCitizens
@NandiniVenkate3 in her note, mentioned that being a Senior Citizen in India is scary. And I might add, "is tough as well". That tweet,
generated a lot of traction.
Let me try and address some part of it.
From a finance standpoint, There are 3 aspects of being a senior citizen: a. Health and Health Insurance Costs; b. A steady income from broad source of asset base. c. People who will put Vultures to shame and acting in the financial services industry space.
I will address the 1st part in this thread and why PM / must make an intervention.
Health Insurance to senior citizens is problematic. As they move into an age where they are faced with a prospect of reduced steady income, the demands on that money goes up.
Read 26 tweets
I feel there are two surgical procedures that have changed people's lives for the better more than anything else in the last 2 decades.

One is total knee replacements. I remember watching so many Aji Ajobas struggle to just move from one room to another as a kid because of bad
knees.

Now I see so many people in the 60-80 age group climb stairs and walk on the Deccan Gymkhana ground effortlessly thanks to their new knees!

The other is dental implants. I don't think there is adequate awareness of how life changing they are and hence this thread.
For starters, I would like to share something I have observed over the last one year.

It is sad but true that most "Mothers" in the 60-80 age group are the epitome of sacrifice.

More than anything else their personal health has been neglected.Specifically their dental status!
Read 18 tweets
Recently,there's been huge outcry over #Cessation of 7.75% #RBI #taxablebonds,that were issued in Jan2018,with 7yr maturity

Outcry is unjustified

#Repo rate is 4% now,lowest in last 20 yrs,to benefit borrowers

Its only practical to see realignment
of lending rate&savings rate!
For those in tax bracket of 30%,return is 5.4%,while for those in lowest bracket of 10%,post-tax return is 6.97%

Those in 30% bracket but with 5Cr+ invested,get post tax return of 4.4%

#Cessation means no fresh subscribers;Existing investors dont need to redeem till maturity!
Those alleging,#SeniorCitizens will get adversely affected by #Cessation of these bonds,are wrong

Senior citizens can invest in #VayaVandanaYojana,with 10 yr lock-in,at 7.4%;This scheme was to expire on 31stMarch2020,but has been renewed for another 3yrs by @narendramodi gov👍
Read 6 tweets
What's in a name?
Why @WHO's formal name for the new #coronavirus #disease matters:

time.com/5782284/who-na…

#COVID19 #Covid_19
1. Wash your hands often and/or use hand sanitizer more frequently.

2. Try not to touch your face... 🙈

3. Cough into your shirt or arm.

4. Stay home when you are sick.

5. WASH. YOUR. HANDS!

#COVIDー19
#COVID19
#coronavirus

toronto.citynews.ca/video/2020/02/…
Read 12 tweets
Tories are completely unaware of how food banks operate. They claim that @TrussellTrust "gave out around 6.3 million parcels – a tenth of what Labour are claiming”.

However, each food parcel contains enough for three meals a day for three days.

Thread:
Under the Tories, austerity has meant 65 million meals have been given out over the last five years.

The choice at this election is clear: a Tory Party in denial about the use of food banks in this country or real transformative change with Labour.
Labour is pledging to wage war on the “ten modern scourges of poverty” and reverse the damage that a decade of austerity under the Tories has caused.

Poverty in Britain is now the most visible and widespread it has been in decades.
Read 18 tweets

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