are risk and ration money allowances exempt from being taxed, if yes plz tell me the exemption limits for the same.
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Quick Summary
This discussion explores the taxability of ration and risk money allowances for Central Armed Police Forces (CAPF) personnel. It aims to clarify whether these allowances are exempt from income tax and, if so, what the specific exemption limits are. The query includes an example for a CISF constable receiving a ₹30,000 risk allowance, seeking details on its tax-free status.