Central Government, having regard to the maximum amount receivable by its employees as cash equivalent of leave salary in respect of the period of earned leave at their credit at the time of their retirement u/s 10(10AA)(ii) - S.O.553(E) - Income Tax Act, 1961

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Leave salary cash equivalent limit specified for retirees determines maximum exempt amount under income tax law across retirement periods. The Central Government specifies maximum leave salary cash equivalents eligible for exemption by fixing monetary ceilings applicable to employees retiring within specified periods; the Table assigns the applicable limit to each retirement period to determine the exempt portion of earned leave paid in cash on retirement.

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Leave salary cash equivalent limit specified for retirees determines maximum exempt amount under income tax law across retirement periods.

The Central Government specifies maximum leave salary cash equivalents eligible for exemption by fixing monetary ceilings applicable to employees retiring within specified periods; the Table assigns the applicable limit to each retirement period to determine the exempt portion of earned leave paid in cash on retirement.

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Central Government, having regard to the maximum amount receivable by its employees as cash equivalent of leave salary in respect of the period of earned leave at their credit at the time of their retirement u/s 10(10AA)(ii) - S.O.553(E) - Income Tax Act, 1961

Leave salary cash equivalent limit specified for retirees determines maximum exempt amount under income tax law across retirement periods.

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Central Government, having regard to the maximum amount receivable by its employees as cash equivalent of leave salary in respect of the period of earned leave at their credit at the time of their retirement u/s 10(10AA)(ii) - S.O.553(E) - Income Tax Act, 1961

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Leave salary cash equivalent limit specified for retirees determines maximum exempt amount under income tax law across retirement periods.

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