Conveyance Allowance - New Tax Regime

Hi

Please let me know if conveyance allowance tax exemption is allowed under new tax regime? If yes, what's the limit?
Replies (3)
Quick Summary
Under the new tax regime, individuals cannot claim tax exemption for conveyance allowance. This means any allowance received for travel or transport costs is taxable and does not benefit from tax relief.

No. not allow exemption in new tax Regime
Not allowed exemption in New tax regime.
No exemption is not allowed

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