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Teacher/Researcher with award/honourarium - Printable Version

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Teacher/Researcher with award/honourarium - mensan - 09-08-2011

Teacher/Researcher has 75% rebate in tax. What if he has additional income in the form of award/hounorarium given to him by his department/govt based on his performance in job (like Higher Education Commission gives cash awards to best teachers)? How much tax will be applicable on that income (100% or 25%)?


- mensan - 09-09-2011

Some expert may kindly reply to my question.