DEAR FRIENDS
KINDLY LET ME KNOW THAT
1. AMOUNT RECD. UNDER VOLUNTARY RETIREMENT SCHEME AVAILED BY DOCTORS (GOVT.EMPLOYEES) IS FULLY EXEMPT OR UPTO RS. FIVE LAC.
2. TAX CONSEQUENCES OF VRS.
THANKS
REENA JAIN
reena jain (CA ) (247 Points)
26 April 2012DEAR FRIENDS
KINDLY LET ME KNOW THAT
1. AMOUNT RECD. UNDER VOLUNTARY RETIREMENT SCHEME AVAILED BY DOCTORS (GOVT.EMPLOYEES) IS FULLY EXEMPT OR UPTO RS. FIVE LAC.
2. TAX CONSEQUENCES OF VRS.
THANKS
REENA JAIN
Vinod Ram
(C A)
(165 Points)
Replied 26 April 2012
Ravishankar K
(Accountant)
(461 Points)
Replied 26 April 2012
VRS retirement benefits are fully exempt.
HARPREET SINGH
(Chartered Accountant)
(79 Points)
Replied 18 December 2012
For Govt empolyees, amount received on VRS is fully exempt.
CA Jainam Shah
(Chartered Accountant)
(190 Points)
Replied 18 December 2012
yea..... exempt 4 gov. employee