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Income tax exempted

Circulars 1153 views 4 replies
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Accounts Manager
24 Points Posted on 03 July 2014

In India whose  salary is exempt from Income Tax?

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On 03 July 2014 at 12:33 Report
Replies (4)
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Student as well as Self-employed
3710 Points Posted on 03 July 2014
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.
2 Reply
On 03 July 2014 at 19:57
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Manager Finance & Accounts
32 Points Posted on 25 August 2014

salaried Income below 200,000/- PA

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On 25 August 2014 at 16:57
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CA
569 Points Posted on 25 August 2014

agreed to above

1 Reply
On 25 August 2014 at 17:28
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Wealth Manager
5293 Points Posted on 26 August 2014

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

13 Reply
On 26 August 2014 at 11:11


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