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Income Tax - Highlights / Catch Notes

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Agnipath Scheme, 2022 - For the benefits of employee under ...


Agnipath Scheme: 30% Salary Contribution to Corpus Fund, Tax-Free Seva Nidhi Payout u/s 10(12C.

February 2, 2023

Notes     Income Tax

Agnipath Scheme, 2022 - For the benefits of employee under agniveer scheme, contribution of 30% of his salary per month to corpus fund u/s 80CCH and govt will also deposit the same amount and after ending of his tenure such accumulated amount in corpus fund will be given to such agniveer employee as 'Seva Nidhi' with interest thereon. - Such amount shall be exempt in the hands of Agniveer employee u/s 10(12C)

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