Pls tell me the list of income exempted from tax according to indian income tax act?

Question

Pls tell me the list of income exempted from tax according to indian income tax act?

Answer 1

Read Income From Salary for various exempted allowances

http://mytaxes.in/index.php?topic=17.0

Read for investment deduction

http://mytaxes.in/index.php?topic=24.0

Answer 2

Please watch this video the government has been lieing about the taxes we are suppose to pay.

Educate your self now why you have these questions.

I''m not some crazy person i'm, a 29 year old single mom of 4 and i own my own business......

http://video.google.com/videoplay?docid=...

Answer 3

Please visit the site Incometax India .com and you will have the updated details.

Income Tax reconer is also the best source with detailed examples.

Answer 4

Rs 110000 normal and  1 laks for if invesed in life insuarence or  equity Mutual funds.   total will be Rs  210000