Consumer organisation seeks I-T exemption for leave encashment
The Hindu
The Coimbatore Consumer Cause has appealed to the Union Finance Minister to extend Income Tax exemption to all employees who get encashment of accumulated leave at the time of retirement. In a memoran
The Coimbatore Consumer Cause has appealed to the Union Finance Minister to extend Income Tax exemption to all employees who get encashment of accumulated leave at the time of retirement.
In a memorandum to the Finance Minister, secretary of the organisation K. Kathirmathiyon said that according to the existing rules, encashment of accumulated leave at the time of retirement is fully exempted from Income Tax for Central and State government employees.
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