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Monday, October 15, 2012

Railway Ministry requests Finance Ministry to increase IT exemption for TA upto 3200 + DA

GOVERNMENT OF INDIAMINISTRY OF RAILWAYSRAILWAY BOARDNo. F(X) I-2012/23/9New Delhi, Dated: 10.10.2012.OFFICE MEMORANDUMSub:-Exemption of Transport Allowance from the purview of Income Tax -Enhancement of exemption limit from Rs.800 to Rs.3200 plus D.A. thereon.   The undersigned is directed to draw the attention of the Ministry of Finance (Department of Revenue) Central Board of Dir....

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