Income Tax Season: 5 incomes that dont attract tax

In India, certain income tax rules exempt specific types of income from taxation. Earnings up to a certain limit are not taxed while exceeding this limit requires filing an income tax return as per the tax slab. But do you know that some types of income remain outside the purview of income tax. The last date for filing an ITR is July 31. If you have not filed your ITR yet, here are five types of income considered non-taxable in India:

Updated on: July 11, 2024, 09.13 PM IST
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