If you are a salaried person, you have a right to claim the benefits of an exemptions available on your few parts of the salary components given either in the form of ‘Allowances or Perquisites’. Here is the list given of most of the common exemptions which can be availed by a salaried person on his / her ‘Allowances or Perquisites’:
Read more on: https://taxguru.in/income-tax/list-allowances-perquisites-deductions-salaried-persons.html
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