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tax on retirement income
if a govt. employee gets payments for their leave encashment after their retirement, would it be taxable?
Replies (4)
fully exempt u/s10(10AA)
thanks
would a retired rrb(govt)bank employees leave encashment after retirement taxable ?
Any amount received againt Leave Encashment is treated as 'income from salary', and Taxed at slab rate of the Employee
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