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        F. Acts / Amendment Acts

        Section 12 - Amendment of section 16

        Finance Act, 2001
        Chapter III
        DIRECT TAXES
        INCOME-TAX

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        Salary deduction reform under section 16 adjusts percentage and slab-based allowances for salaried taxpayers. Amendment revises Section 16 to replace the prior clauses with a new slab and percentage-based deduction regime effective from 1 April 2002: three income bands with specified calculation modes-percentage-or-cap for the lowest band and fixed lump-sum deductions for higher bands-and a separate, limited deduction rule for entertainment allowance for Government employees measured as a fraction of salary or a fixed cap.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Salary deduction reform under section 16 adjusts percentage and slab-based allowances for salaried taxpayers.

                                Amendment revises Section 16 to replace the prior clauses with a new slab and percentage-based deduction regime effective from 1 April 2002: three income bands with specified calculation modes-percentage-or-cap for the lowest band and fixed lump-sum deductions for higher bands-and a separate, limited deduction rule for entertainment allowance for Government employees measured as a fraction of salary or a fixed cap.


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