AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 18 Topic 2 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 18 Topic 2 Discussion

GLO_CWM_LVL_1 Exam Topic 2 Question 18 Discussion:
Question #: 18
Topic #: 2

Encashment of leave during service tenure is


A.

Taxable


B.

Tax free


C.

Taxable only if more than the notified exemption


D.

Tax free up to 50% of the notified amount


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