risk allowance ka kya treatment hoga income tax mein.
taxable hai ya exempt.
exempt hai to konse section mein.
Risk allowance is exempt upto max. 1300/- PM; us. 10(14)(ii) of IT act.
Also known as Hazard or special hazard pay to military personnels is taxable
For details Refer: pcdaopune.gov.in/downloads/tax
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