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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

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Section 80TTB

Regulation & tax

A deduction of up to ₹50,000 on deposit interest for senior citizens, under the old tax regime.

In plain terms

Five times the ₹10,000 everyone else gets under 80TTA — and one of the remaining reasons a retired person may still prefer the old regime.

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Indian stock market glossary · Market Vidyalaya