Image: Nepalforeignaffairs

Government announced that the amounts paid by an employer to an employee or to a person by another for Covid 19 treatment will be exempt from income-tax in FY20 and subsequent years by providing much needed tax concession to people that may have received financial help from their employers and or by any individual for meeting expenses incurred for the Covid-19 treatment. Ex-gratia payments received by family members of a person who has died due to Covid 19 from an employer will also be tax exempt without any limit.

credit: India Today

Source: ET

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Jammu And Kashmir Government Announced Summer Vacation For Jammu Division students from June 8 to July 25, 2021

Jammu and Kashmir Government Announced Summer Vacation For The Students From June 8 July 25, 2021

India 🇮🇳 Hits With NewBie COVID-19 Variant, The Delta Plus

India To Face The COVID-19 Infection Calamity With The New Delta Plus Variant Soon

Apply For Travel E-pass Online Through the Mode Of Internet From May 15, 2021 Evening In Kerala

Apply For The Travel E-Pass Through The Jagratha Portal By The Kerala state Government

Forty Labs In Karnataka Labs Fined With ₹ 20 Lakh For Delaying The COVID-19 Test Reports

Karnataka Labs Fined With ₹20 Lakh For Delaying The Covid Report