Tax Saving Allowance - Pdf Download - CiteHR
Mahaender Siingh
Private Job
Hr & Admn. Executive
Hr Manager
Hr Manager
Manager Hr
+2 Others

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Dear All,
We have been giving Sodexo till last month. But our Mgmt have decided to stop that. So I need to add that amount in the CTC. I need to know whether there is allowance under which the employees can have tax exemption. Pls Clarify as soon as possible.

You can try with Uniform Allowance which is taxfree for empoyee and employer as well.. Have few more opinion on this before implmenting. PK
1. Conveyance is exempted upto 800/- p.m. i.e. 9600/- p.a.
2. HRA upto 50% of Basic Salary or Actual paid whichever less is exempted
3. LTA if as per IT rules - once in block of two years with a option to carry forward to next block. As per current supreme court decision no need to submit travel proof only on declaration basis.
4. Medical Allowance is exempted upto Rs.15000/- p.a. on production of bills.
5. Uniform Allowance is exempted but it can not be attire allowance has to be for uniforms.
Thats it nothing more for salaried people as far as i know.

Hi, Can anyone throw some more light on Uniform allowance or attire allowance? Min-max limit? Way to implment it? Thx & Regds, PK
Hi, For LTA now a good news for all employees for which now there is no compulsory for documentary proof it can help as tax saving. Please find details attached. regards Brijesh

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Dear All,
Thank you for ur inputs. Unfortunately or fortunately we dont have some thing called uniform only. so we cannt provide a uniform allowance. otherwise we provide all the other allowances specified pari above. Anyways thank you all.

Hi Brajesh,
Pls note that though the Supreme Court has given its verdicts but the same has still not been ratified by the Income Tax Organisation. A notification from them is still awaited. Hence for the time being the LTA rules are in force relating to submission of Proof..

Dear Geeta,
kindly visit all your quries will be solved

Kind Regards
Vishal G

In your salary structure you can add some reimbursement part (Seperate from your fixed part of monthly salary)as per the designation like :- Medical, Fuel, LTA, Car Maint., Driver, Bokks & Periodicals.
Mahender Singh

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