Stipend during MD/ MS/ DNB and Bond serving is Tax free

Stipend during MD/ MS/ DNB and Bond serving is Tax free

Stipends, awards, fellowships & grants for education have been held as scholarships exempt from tax! This is applicable for MD/ MS/ DNB, Superspeciality and also during serving the Bond period after MBBS and Post graduation, under Section 10(16) of the Income-tax...