Exemption of Transport Allowance from the purview of Income Tax – NFIR
Exemption of Transport Allowance from the purview of Income Tax – Enhancement of exemption limit from Rs.800 to Rs.3200 plus Dearness allowance there on, regarding the issue NFIR already wrote to Railway Board. The federation has now updated about the response of the Railway Board, the board had been referred the matter to the Ministry of Finance and there is no response for long time. And once again requested to the Railway Board to take action vigorously on the matter.
We hope some good news can hear from the ministry as soon as possible.