Nontaxable

/ˌnɒnˈtæksəb(ə)l/

करमुक्त

Easy #कर #वित्त #लेखा #आयकर #कानून

Origin & History

Formed in modern English from the prefix non- (“not”) + taxable (from tax + -able).

आधुनिक अंग्रेज़ी में non- (अर्थ: “नहीं”) उपसर्ग + taxable (tax + -able से) से बना शब्द।

Definition

Something that is not required to be taxed under law (e.g., certain income, benefits, or transactions).

ऐसी वस्तु/आय/लेन-देन जिस पर कानून के अनुसार कर नहीं लगाया जाता (जैसे कुछ आय, लाभ या लेन-देन)।

Parts of Speech

Adjective:
The scholarship stipend is nontaxable under current rules.
वर्तमान नियमों के अनुसार छात्रवृत्ति की राशि करमुक्त है।

Usage Examples

Some disability benefits are nontaxable in many jurisdictions.
The reimbursement was treated as nontaxable because it was a documented business expense.
Interest from certain municipal bonds can be nontaxable at the federal level.
The accountant confirmed that the allowance is nontaxable up to the legal limit.

Synonyms

Tax-exempt Tax free Untaxed Exempt from tax Non-taxable

Antonyms

Taxable Taxed Dutiable

Related Forms

Noun
Nontaxability / Tax / Taxation / Taxability
Verb
Tax / Taxing / Taxed
Adjective
Nontaxable / Taxable / Tax-exempt
Adverb
Nontaxably / Taxably

Idioms & Phrases

Nontaxable income
करमुक्त आय
Nontaxable benefit
करमुक्त लाभ
Nontaxable allowance
करमुक्त भत्ता