Searched for
LEAVE ENCASHMENT EXEMPTION
Retiring in 2026? Check how much tax-free leave encashment you can claim before filing ITR- Leave encashment tax rules for AY 2026-27: How much exemption salaried employees can claimITR Filing 2026-27: Salaried employees can claim tax exemption on leave encashment at retirement. While government employees enjoy full exe...
- Tax-free allowances rise, so do employer costs: The salary structuring dilemma under the Social Security CodeEnhanced tax-free allowances under the Income-Tax Rules, 2026 can improve employees’ take-home pay. However, the expanded definition of “wa...
- 8th Pay Commission demands for pensioners: One rank one pension, gratuity up to Rs 75 lakh; 10 things key employee body has demandedCentral government pensioners' rights are a key focus in the NC-JCM's 51-page memorandum for the 8th Pay Commission. Demands include a same...
- Retired government employee denied tax exemption on leave encashment,fights and wins in ITAT Chandigarh; here’s whyIn a recent ruling, the Income Tax Appellate Tribunal in Chandigarh has granted a significant tax relief to Mr. Saini, a retired worker fro...
- Retired employee denied tax exemption on Rs 13 lakh leave encashment, ITAT Jaipur restores tax benefit under new Rs 25 lakh limitA retired State Bank of India employee from Jaipur won a tax case. The Income Tax Appellate Tribunal ruled in his favor, increasing his lea...
- Tax exemption limit on leave encashment increased to Rs 25 lakh for non-government salaried employeesThe finance ministry announced the maximum limit for encashment of earned leave that is exempt from income tax in accordance with the budge...
- CBDT notifies enhanced leave salary encashment limit for non-government employeesThe CBDT’s notification aims to implement the Budget 2023 proposal that promised to increase the income tax exemption limit on earned leave...
- Union Budget: 10 things individual taxpayers should knowSurcharge for taxpayers with taxable income more than 5 crore has been reduced to 25% from 37% under the new tax regime. The highest tax ra...
- India Budget 2023: Sitharaman offers cash bounty if you don't take leave from work"The limit of Rs 3 lakh for tax exemption on leave encashment on retirement of non-government salaried employees was last fixed in the year...
- Tax exemption on leave encashment on retirement of non-government salaried employees increased in Budget 2023According to Nirmala Sitharaman in her Budget speech, “The limit of Rs 3 lakh for tax exemption on leave encashment on retirement of non-go...
- How central government employees can avail benefit under LTC cash voucher schemeHere is a look at the details of how central government employees can avail the LTC cash voucher scheme as per an office memorandum issued ...
- Should you opt for the LTC cash voucher scheme? Here's how much tax you will saveHere is a look at how much you stand to gain by opting for the LTC cash voucher. This story will tell you about the rules of availing the L...
- Govt launches tax-exempt LTC cash voucher scheme to boost consumer spendingThis is a one-time scheme and payment will be only in lieu of one LTC during the block of four years 2018-21. This should help people to so...
- FM urged to equalise tax benefits for govt and non-govt employees in Budget 2020The Income-tax Act, 1961 differentiates between a government employee and non-government employee. However, this should not be the case. Th...
- Budget 2018: Here are the tax reliefs that salaried tax-payers are hoping forHere are some changes in the exemption limits and deductions on various allowances which the salaried taxpayers are expecting in Budget 201...
- Budget 2015: How tax benefits can boost your take-home payIf your employer does not give you HRA, deduction for rent paid by you is available from gross taxable income, subject to various limits.
- Query corner: TaxationOur expert guides you in matters relating to taxation.
- Query corner: TaxationOur expert Vaibhav Sankla, executive director, Adroit, guides you in matters relating to taxation.
- 'Set up trusts to fund future benefits’Kulin Patel, who heads the Indian arm of Watson Wyatt - a global employee benefits, insurance and financial services consulting firm - spok...
Load More
