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Medical reimbursement
Hi what is difference between medical reimbursement and mediclaim? in hospitalization bills in allowed to medical reimbursement and mediclaim? pls clarify. regards taksheel
Difference between leave travel allowance (lta) and leave travel concession (ltc) reimbursement
Hi i am a student doing my mba currently doing a compensation project. i wish to know the difference between lta and ltc reimbursement. what are the limits for each .how frequently can ltc be reimbursed. regards jenny
What is the difference between medical reimbursement and medical insurance?
Hi all i am fresher and i have recently picked a job in a mnc. since i am new to the corporate world i have problems in understanding my salary structure. in my pay structure the hr has included medical reimbursement of 15000/annum in my fixed base pay and then under benefits/earnings in kind they have included medical insurance of rs.13829/annum. i want to know 1. what is the difference between the two? 2. will i get these amount in hand or not? 3. are they taxable? waiting for a quick reply. thanks
Tds on reimbursements
Dear all please advise me that followings reimbursements are taxable or not: 1 telephone reimbursement 2 driver salary 3 fuel & maintenance reimbursement 4 books & periodical reimbursement 5 uniform reimbursement apart from that let me know these reimbursements helps to get i tax exemptions or not. please write maximum limits also regards amol
"variables adding in salary structure"
Hi all greetings of the day i have to design the salary structure of employees and have to add following variables; 1 loyalty bonus 2 festival bonus e.g. diwali bonus 3 performance bonus i want to know specifically how much percent contributes of the basic salary to the loyalty bonus festival bonus performance bonus. kindly assist me in designing the salary structure with mentioned above variables.
Medical allowance v/s medical reimbursement
Dear friends can you please advise the difference between these two components of salary medical allowance & medical reimbursement and how tax exemption can be claimed under each of these? can t employees claim for tax exemption to the extent of medical bills submitted if they are getting a fixed medical allowance every month? thanks & regards lakshmi