Tag Archives: exemption limit

Leave Encashement Exemption Limit Increased to Rs 25 Lakh

By | May 25, 2023

Leave Encashement Exemption Limit Increased to Rs 25 Lakh   MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 24th May, 2023 (INCOME-TAX) S.O. 2276(E).—In exercise of the powers conferred by sub-clause (ii) of clause (10AA) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central… Read More »