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  1. Dictionary
    exemption
    /ɪɡˈzɛm(p)ʃn/

    noun

    • 1. the action of freeing or state of being free from an obligation or liability imposed on others: "vehicles that may qualify for exemption from tax"

    More definitions, origin and scrabble points

  2. 5 days ago · How to use exempt in a sentence. free or released from some liability or requirement to which others are subject; set apart… See the full definition

  3. 4 days ago · Deductions directly chip away at your taxable income, lowering the amount you pay taxes on, while exemptions act as specific allowances deducted from your total income before it's assessed for taxes. By: Express Web Desk. July 4, 2024 14:05 IST. Follow Us. The last day to file your ITR form for deductions and exemption is July 31, 2024.

  4. What is an Exclusion Clause and What Does it Do? An exclusion clause is also known as a limitation of liability clause. It allows a party to a contract to limit their liability in different ways, as set out below: Types of Exclusion Clauses. Continue reading this article below the form. Need legal advice? Call 1300 544 755 for urgent assistance.

  5. 4 days ago · Agricultural income is tax-exempt, but it is indirectly subject to taxation. Understand agricultural income tax in India, including exemptions, limits, and calculations with examples. Know how to show agriculture income in your tax return.

  6. 5 days ago · These exemptions help a private limited company to not consider any transactions entered into by a private company with its holding company, the subsidiary company, the associate company, or a fellow subsidiary company as related party transactions.

  7. 5 days ago · Using exemptions, an instructor can provide an implicit reason why a learner does not have a score for a grade item or an activity. A blank grade or a zero (0) grade can mean that the learner hasn't submitted the item, that the item has not been graded, or that the learner has failed the item.

  8. 3 days ago · When people started evading capital gains tax by not declaring their profits on the sale of stocks, the Finance Act, way back in 2004, introduced a tax called the Securities Transaction Tax (STT) as a clean and efficient way of collecting taxes from financial market transactions.