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15 Exempt or Tax free incomes for salaried employees

Section 10 of the Income Tax Act provides tax exemptions to salaried professionals by excluding certain income sources from their total income. These exemptions aim to reduce the tax burden on individuals and promote specific activities or categories of income. Common exemptions under Section 10 include house rent allowance (HRA), leave travel concession (LTC), medical allowances, gratuity, pension, and allowances provided by the…

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LIC Policy Lapsed Revival Process 2026 – Pura Guide Hindi Mein

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