What Income Is Tax Free in India?

Not all income in India is taxable. Certain earnings are exempt from tax under income tax rules.

Examples of Tax Free Income

  • Agricultural income
  • Scholarships
  • Some allowances
  • Gifts within limits

Why Knowing Tax Free Income Matters

Understanding exemptions helps taxpayers legally reduce tax liability.

You may also read how to calculate income tax to understand taxable income.

Conclusion

Knowing tax free income helps in better financial planning and compliance.

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