Explain that there are a total of 16 MPs in the Lok Sabha above 75 years. In which two MPs are from the Bharatiya Janata Party (BJP). The rest of the MPs belong to other parties. Both BJP MPs are from Karnataka. Among them are BN Bache Gowda from Chikkaballapur seat and BS Siddhapa from Tumkur seat. At the same time, three Congress MPs are South Malda MP from West Bengal, Praneet Kaur from Patiala in Punjab and Sadiq Mohammad from Faridkot.
At the same time, Mulayam Singh Yadav (MP from Samajwadi Party’s Mainpuri) is also 81 years old. Shafiqur Rahman, MP from the SP’s own position, is 90 years old, but he will not get the exemption of the budget. Not only this, Shafiqur Rahman is also the oldest MP of the 17th Lok Sabha.
Apart from these, Farooq Abdullah of Jammu and Kashmir National Conference is 83 years old. Shishir Kumar Adhikari of AITC and Lok Sabha MP including Mohan Chaudhary, DMK’s TR Balu, TR Parivender, S Ramalingam, NCP’s Srinivas Dadasaheb, JDU’s Dileshwar Kamait, SS’s Chandrakant Gajanan etc.
These MPs will have to fill ITR including Dr. Manmohan Singh in Rajya Sabha
Speaking of Rajya Sabha, former Prime Minister Dr. Manmohan Singh is the oldest MP. He is 88 years old. Along with this, 80-year-old MP and NCP leader Sharad Pawar in the Rajya Sabha, 77-year-old Shibu Soren of JMM, Vayapuri Gopalaswamy Vaiko, 76, from Tamil Nadu, Keshava Rao of Telangana Rashtra Samithi, Balwinder Singh Bhundar from Shiromani Akali Dal , Mallikarjun Kharge of Congress, Oscar Fernandes, 87-year-old HD Deve Gowda, P Chidambaram, Ambika Soni, Sukhdev Singh Dhindsa and many other MPs whose age is above 75 years. Despite this, they will not get the benefit of relaxation in the budget.
Therefore you will not get the benefit
Information on economic affairs and Chartered Accountant Keshav Bhardwaj says that in this year’s budget 2021-22, the Finance Minister has given relief to 75 people but not all. He has given tax free to people above 75 years of pension and interest only income from these two items. Whereas MPs of Lok Sabha and Rajya Sabha get salary and allowances. In such a situation, salary and allowances have not been included in the budgetary exemption, so all of them will have to pay taxes on their income and file income tax returns.