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News
leave encashment
Leave encashment News
Income Tax
26 May 2023
Tax Exemption Limit For Leave Encashment Hiked To Rs 25 Lakh
So far, the tax exemption on leave encashment for non-government employees was Rs 3 lakh which was fixed in 2002, when the highest basic pay in the government was Rs 30,000 per month.
Budget 2023
07 Feb 2023
New Encashment Rule: THESE Employees to Get Rs 20K Profit Per Year- Here's How
FM Sitharaman announced leave encashment exemptions. Every salaried individual in India is entitled to a minimum number of paid leaves. The provisions of paid leaves is entitled under India labour laws.
cabinet
19 Apr 2017
Cabinet approves leave encashment for soldiers
The Union Cabinet on Wednesday approved leave encashment for soldiers who were killed in action or were invalidated out of service between 1991 and 1999, an official here said.
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