Income tax exempted

Circulars 1090 views 4 replies

Accounts Manager

24 Points Joined July 2014

In India whose salary is exempt from Income Tax?

Replies (4)

Student as well as Self-employed

3710 Points Joined September 2007

salary is not an exempt income. though you are not liable to pay tax if your taxable income from salary is below basic limits not chargeable to tax.

Manager Finance & Accounts

32 Points Joined July 2011

salaried Income below 200,000/- PA

569 Points Joined February 2014

agreed to above

Wealth Manager

5293 Points Joined December 2008

Salary is exempt if the sum is less than Rs. 200,000/- pa

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