Page 213 - DMGT515_PERSONAL_FINANCIAL_PLANNING
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Personal Financial Planning




                    Notes
                                      10(C)                   Profit of newly established
                                                              undertaking in I.I.D.C or
                                                              I.G.C. in North-Eastern Region
                                                              for 10 years
                                      Income From Interest
                                      10(15)(i)(iib)(iic)     Interest, premium on    To the extent mentioned in
                                                              redemption or other payments  notification
                                                              from notified securities,
                                                              bonds, Capital investment
                                                              bonds, Relief bonds etc.
                                      10(15)(iv)(h)           Income from interest payable
                                                              by a Public Sector Company
                                                              on notified bonds or
                                                              debentures
                                      10(15)(iv)(i)           Interest  payable  by
                                                              Government on deposits made
                                                              by employees of Central or
                                                              State Government or Public
                                                              Sector Company of money
                                                              due on retirement under a
                                                              notified scheme
                                      10(15)(vi)              Interest on notified Gold
                                                              Deposit bonds
                                      10(15)(vii)             Interest on notified bonds of
                                                              local authorities
                                      Income from Salary
                                      10(5)                   Leave Travel assistance/   Not to exceed the amount
                                                              concession             payable by Central
                                                                                     Government to its employees
                                      10(5B)                  Remuneration  of  technicians  Exemption in respect of income
                                                              having specialised knowledge   in the from of tax paid by
                                                              and experience in specified   employer for a period upto 48
                                                              fields (not resident in any of   months
                                                              the four preceding financial
                                                              years) whose services
                                                              commence after 31.3.93 and
                                                              tax on whose remuneration is
                                                              paid by the employer
                                      10(7)                   Allowances and perquisites by
                                                              the government to citizens of
                                                              India for services abroad
                                      10(8)                   Remuneration from foreign
                                                              governments for duties in
                                                              India under Cooperative
                                                              technical assistance
                                                              programmes. Exemption is
                                                              provided also in respect of any
                                                              other income arising outside
                                                              India provided tax on such
                                                              income is payable to that
                                                              Government.
                                      10(10)                  Death-cum-retirement
                                                              Gratuity-
                                                              (i) from Government
                                                              (ii) Under payment of Gratuity  Amount as per Sub-sections (2),
                                                              Act 1972               (3) and (4) of the Act.
                                                              (iii) Any other        Upto one-half months salary
                                                                                     for each year of completed
                                                                                     service.
                                                                                                         Contd...




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