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How to Avail Tax Exemptions Under Section 10?

A Detailed Explanation about the various exemptions available under section 10 and how you can claim them to save more taxes. Section 10 of the Income Tax Act, 1961, provides a long list of tax exemptions especially for the salaried employees to reduce the burden of taxing. Subscribe to H&R Block India to uncover many more secrets like how to save money, make smart investments and best tax saving shortcuts. Subscribe Now : http://bit.ly/HRBsubs Here’s what you will gain from this video: Any income, which is not taxable according to income tax, is considered as exempt income. There are various incomes listed in section 10 that are exempt from tax. So, in this video, we help you gain a better understanding about the various exemptions available under section 10. We also talk about the definition of exemptions along with the common examples of exemptions. We discuss exemptions like LTA, Agricultural Income, Life Insurance, Gratuity, Leave Encashment, Commuted Pension, Provident Fund, House Rent Allowance, etc. Also, in this video, we talk about the different types of incomes such as incomes that are fully exempt from income tax, incomes that are partially exempt and incomes that are fully taxable. Conditions for the purpose of section 10(5): https://www.incometaxindia.gov.in/rul... Income Tax Department of India: https://www.incometaxindia.gov.in/Pag... List of Exemptions under Section 10 of Income Tax Act: https://www.hrblock.in/guides/section... Follow us on our Social Media Twitter:   / hrblockindia   Facebook:   / hrblockindia   Also read our blogs: https://www.hrblock.in/blog/