Budget 2026: Centre scraps tax on motor accident compensation, interest

5 months ago 51

Starting 1 April 2026, any compensation and interest awarded by the Motor Accidents Claims Tribunals to an individual or their legal heirs will be entirely exempt from income tax.

Read Entire Article

LEFT SIDEBAR AD

Budget 2026: Centre scraps tax on motor accident compensation, interest

Related

Planning to invest in a bond SIP? Why it doesn't work like y...

FM Sitharaman asks I-T dept to crack down on tax evaders, ea...

EPFO: Want to claim provident fund after EPF member's death?...

RIGHT SIDEBAR TOP AD

Trending

Popular

CBSE Class 10, 12 Supplementary Results 2024: Marks verifica...

NEET PG admit card 2024: NBEMS to release hall tickets today...

TSPSC Group 1 Mains exam schedule announced, exam timings re...

Amazon Great Freedom Festival Sale 2024 coming soon: Get rea...

iPhone 15, iPhone 15 Plus get massive discounts ahead of iPh...

RIGHT SIDEBAR BOTTOM AD