People who also work in the country. They have to pay taxes after a fixed salary. Tax slabs have been created in India according to different income. The tax system in India seems tangled many times. But it is important to understand this so that your earnings can be used properly. Tax does not apply to every job or income source.
And some jobs also get discounts. This is not just financial relief but also a way to encourage employees and common people. Often people do not know which jobs or income sources are not taxed. Let us tell you complete information about this.
Tax exemption on these government and special posts
There are some government posts and special types of jobs in India. On which people get tax exemption. Talking about them, those positions are often included. Whose salary is controlled by the government. And on which relief is given through pre -determined allowances.
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So apart from this, employees working in some social or welfare projects can also get income tax exemption. However, in which job and post, this benefit is available. This time, complete information has not been told.
These income sources also do not get tax
Some private jobs and income sources are also tax free. Some small business, income from farming, and some types of stine or scholarship are exempted under tax rules. Apart from this, some social services working or volunteers also come out of the scope of tax. Its purpose is to provide financial relief to different sections of the society and save them from tax burden.
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A big thinking behind these discounts and rules is that financially support can be given to the working class and the weaker section of the society. There are frequent changes in tax rules. Therefore, it is important to understand complete information and updated rules. On having the right information, people do not find it difficult to make their financial planning.
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