Risk allowance taxable or not
T harikishna
(Querist) 20 February 2024
This query is : Resolved
The risk allowance paid to Veterinary doctors is taxable or fully exempted
kavksatyanarayana
(Expert) 20 February 2024
Put this query in CAclubinida or consult a local CA.
T. Kalaiselvan, Advocate
(Expert) 21 February 2024
Risk Allowance is presently given to Central Government employees engaged in hazardous duties or whose work will have a deleterious effect on health over a period of time.
The Risk Allowance will not be treated as "Pay" for any purpose.