HI ALL I wanted to know if the tax will be applied to the other allowances like Conveyance ,healthcare allowances ,education ,food coupons . If applied thn wat % of taxes will be applied
From India, Hyderabad
Hi Bharathi
Please clarify healthcare allowance?
Please note that tax exemptions are already available
Conveyance Allowance - - 800 p.m. – 9600 p.a.
Medical Allowance – 1250 p.m. – 15000 p.a.
Education Allowance – 200 p.m. – 2400 p.a. (Subject you 2 children’s school going)
Food Coupons – 1250 p.m. – 15000 p.a. (Rs. 50 per day X 25 days = 1250)
Mediclaim Hospitalization if any is not taxable
BrainLight HR Solutions

From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.