These jobs in indian do not paying tax
A person working in the country has to pay income tax after a certain salary. In India, tax slabs have been decided according to different income. The Indian tax system sometimes seems complicated, but it is very important to understand it so that the income can be used properly. Tax is not levied on all jobs or sources of income. Tax exemptions are available on some jobs and income, which is not only a financial help, but also a way to encourage employees and the general public. Many people do not know which jobs or sources of income are not taxed. Let’s know complete information about this.
Tax exemption in government and special posts
There are some government posts and special types of jobs in India, which are eligible for tax exemption. This generally includes those posts whose salaries are regulated by the government and who are given deductions through pre-determined allowances. Apart from this, employees working on some social or welfare projects may also get income tax exemption. However, it is not clear in which jobs or positions this benefit is available.
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Tax-free sources of income
Some domestic jobs and sources of income are also tax-free. For example, some small businesses, income from agriculture, and some types of stipends or scholarships are exempted under the tax rules. Apart from this, some people working in social services or self-employed people are also outside the ambit of tax. The main objective of this is to provide financial assistance to various sections of the society and relieve them from the burden of tax.
Purpose of tax exemption
The main objective behind these exemptions and rules is to provide financial assistance to the working class and the weaker sections of the society. Tax rules change frequently, so it is very important to understand the correct and updated rules. With the right information, people can easily plan their finances.
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