Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 204)
204.
The Central Board of Direct Taxes has raised the tax exemption on leave encashment to______ lakhs for private sector employees upon retirement.
25 lakhs
35 lakhs
45 lakhs
55 lakhs
Answer: Option
Explanation:
The Central Board of Direct Taxes has increased the tax exemption on leave encashment for non-government salaried employees upon retirement from ₹3 lakhs to ₹25 lakhs, effective from 1 April 2023.
Discussion:
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