If you are planning to opt for the new income tax regime which offers lower tax rates, you can claim exemption on conveyance allowance received from your employer. The Central Board of Direct Taxes ...

The government has allowed individuals under new lower tax regime to claim I-T exemption on conveyance allowance received from employers. The Central Board of Direct Taxes (CBDT) has now amended ...

New Tax Regime: The proposals in the Union Budget for the new tax regime include full exemption for individuals earning up to Rs 12 lakh per year. The tax slabs have been extended, with a new 25 per ...

The Employees Insurance Court (Principal Labour Court) has ruled that Brakes India Limited, foundry division, is not liable to pay ESI contribution on the conveyance allowance paid to its employees.