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Showing posts with label Tax free income. Show all posts
Showing posts with label Tax free income. Show all posts

Tax Free Incomes in India

Source from which you earn income but don't pay tax.....

  • Dividends from equity mutual funds and stocks 
  • Long-term capital gains on stock transactions are not taxed if you have paid the securities transaction tax on the sale
  • Interest earned on PPF 
  • Amount received on Maturity of LIC Insurance Policy 
  • Gifts Received from relatives. 
  •  Agricultural income
  • Scholarship granted to meet cost of education
  • Death-cum-retirement gratuity received by employees



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