Business Standard

Life is now less taxing for VRS optees

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K Ram Kumar Mumbai
 Those planning to opt for voluntary retirement, but are worried about the tax, can now breathe easy. The commissioners of income tax (appeals) in Mysore, Mangalore and Hyderabad have ruled in separate cases that assessees can claim relief even if the assessable income is over Rs 5 lakh,

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First Published: Nov 19 2003 | 12:00 AM IST

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