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Voluntary Surrender of Salaries (Exemption from Taxation) Act,1961

Act No : 46


Section : Short title.

THE VOLUNTARY SURRENDER OF SALARIES (EXEMPTION FROM TAXATION) ACT 1961 ACT NO. 46 OF 1961 [6th December, 1961.] An Act to provide for exempting from taxes on income a portion of the salary or allowances payable to any person who has in the public interest volunteered to forego it. Be it enacted by Parliament in the Twelfth year of the Republic of India as follows:-- 1. Short title. This Act may be called the Voluntary Surrender of Salaries (Exemption from Taxation) Act, 1961.


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