Fully Exempted Allowances
Channel: DR. USHA CHAHAL
Date: 2020-07-20

In this video meaning of allowances and fully exempted allowances have been discussed. Fully exempted allowance means that this particular allowance shall not be a part of salary or total income. The allowances which are fully exempted are neither included in the total income nor they are taxable. These are: Foreign allowance; Compensatory allowance/ House Rent allowance/ Sumptuary allowance given to Judges of High Court and Supreme Court.; Allowance for U.N employees paid by U.N.O;
Link for Fully Taxable Allowances is given below:
https://youtu.be/MxkBL2e_E5g