Income Tax - Exemption of Allowance in the hands of Employees

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....ncome Tax - Exemption of Allowance in the hands of Employees <br>News and Press Release<br>Dated:- 8-11-2007<br><BR>Income Tax notification no. 270/2007 dated 7-11-2007 has been issued to extend the e....

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....xemption contained in Rule 2BB of Income Tax Rules, 1962 read with section 10(14) of the Income Tax Act, 1962 vide serial no. 12 to all workers / employees working in mines. Earlier the exemption was....

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.... available to employees working in "Coal Mines" only upto Rs. 800/- per month.<BR> News - Press release - PIB....