Citizens with disability are allowed to claim a deduction of Rs.50000/- and Rs. 75000/- in case of severe disability from their taxable income under Section 80U of Income Tax Act 1961. These limits of deduction have not been revised for more than 15 years. Therefore there is need for Government to consider increasing these limits to Rs.75000/- and Rs.100000/- respectively.
In addition to above Government may also consider adding a category “Senior Citizen with Disability” under Section 80U of Income Tax Act, 1961 through the Union Budget 2015 and the Finance Bill. The Senior Citizen with disability may be treated on par with an individual with Severe Disability under Section 80 U.
This is a request to support this proposal.