Benefit to salaried employees in Union Budget and computation

Amrish Koria , Last updated: 09 February 2018  
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The existing provision of clause (ii) sub-section (14) of Section 10 of the Income Tax Act 1961, provides the exemption of conveyance or transport allowance of Rs. 1,600 p.m. will be provided to an employee to meet his expenditure for the purpose of commuting between the place of his residence and t

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