Section 10 of the Income Tax Act, 1961 includes those incomes which do not form part of the total income while calculating the tax for an individual. Thus, these incomes are excluded from the calculation, and they are known as exempted incomes. The main objective of Section 10 is to reduce the tax burden of the salaried individual by ways of providing exemptions.
Exemption under Section 10
| Section | Exemption Limit |
| Section 10(1) | Fully Exempt |
| Section 10(2) | Fully Exempt |
| Section 10(10D) | Fully Exempt |
| Section 10(13A) | Partially Exempt |
| Section 10(14) | Partially Exempt |