I like to know whether there is any increase in coveyance allowance from present Rs.800(which is since 10 years)which is tax free, and any change in status of tax exemption on LTA,like every year tax exemption on LTA instead of twice in a 4 year slab(which is present), in new Budget. Pls peply.
RE:Conveyance allowance & Tax exemption on LTA
by SATYAKI DATTA on Mar 01, 2008 12:40 PM Permalink
No...there has been no change from the erstwhile rule.
