1st February 2025 – DadiDada Foundation welcomes the historic decisions taken by the government in favor of senior citizens. The budget has brought significant relief for senior citizens in the form of tax exemptions and healthcare benefits, ensuring a more secure and dignified life for them.
Double Tax Exemption – A Major Relief for Senior Citizens
The DadiDada Foundation stated that the tax exemption limit for senior citizens has been increased from ₹50,000 to ₹1 lakh. This decision will provide significant financial relief and empower elderly individuals to manage their expenses better.
Tax-Free Life-Saving Medicines – A Step Towards Healthy Living
The foundation expressed gratitude to the government for prioritizing the health security of senior citizens. In a major move, 36 life-saving medicines have been made completely tax-free. Additionally, 200 daycare cancer centers will be established to provide affordable and accessible treatment for severe illnesses.
Reduced Prices for Medical Equipment and Cancer Medicines
Muni Shankar, Director, DadiDada Foundation praised the government for reducing the prices of medical equipment and cancer medicines. Furthermore, the custom duty on six essential life-saving medicines has been reduced by 5%, making expensive treatments more affordable.
Medical Assistance Programs Made Tax-Free
DadiDada Foundation is pleased that 13 patient assistance programs have been exempted from basic custom duty. This will enable senior citizens to access quality healthcare at lower costs.
DadiDada Foundation appreciates the government’s efforts and urges all senior citizens to take full advantage of these benefits. The foundation remains committed to spreading awareness about senior citizens’ rights and facilities while continuing its advocacy for their welfare.