Comprehensive Guide to Income Tax Allowances for Salaried Individuals: 2024 Updates

Pranab Banerjee , Last updated: 22 August 2024  
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An allowance is a regular, fixed amount provided to employees in addition to their salary to cover specific expenses. Generally, allowances are considered part of taxable income unless specifically exempted. Below is a detailed overview of various allowances as per the Income Tax Act and the 2024 Bu

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Published by

Pranab Banerjee
(Software Maker & Income Tax Practisioner)
Category Income Tax   Report

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