I wanted to know about the conveyance exemption. I know that as per the act, conveyance exemption is Rs. 800/- p.m.
Example 1: If an employee is getting Conveyance allowance Rs. 800/- p.m. and he is on leave for 15 days, he only receives Rs. 400 as conveyance allowance.
Example 2: If an employee is getting Conveyance allowance Rs. 3000/- p.m. and he is on leave for 15 days, he only receives Rs. 1500 as conveyance allowance.
Example 3: If an employee is handicapped and getting Conveyance allowance Rs. 800/- p.m.
Kindly suggest how Conveyance exemption will be calculated in the above examples.
From India, Mumbai
Example 1: If an employee is getting Conveyance allowance Rs. 800/- p.m. and he is on leave for 15 days, he only receives Rs. 400 as conveyance allowance.
Example 2: If an employee is getting Conveyance allowance Rs. 3000/- p.m. and he is on leave for 15 days, he only receives Rs. 1500 as conveyance allowance.
Example 3: If an employee is handicapped and getting Conveyance allowance Rs. 800/- p.m.
Kindly suggest how Conveyance exemption will be calculated in the above examples.
From India, Mumbai
For a normal person, the law allows exemption to the extent of Rs. 800 per month or the actual conveyance allowance paid, whichever is lower.
For a handicapped person (who is blind or orthopedically handicapped with a disability of lower extremities), the law allows exemption to the extent of Rs. 1600 per month or the actual conveyance allowance paid, whichever is lower.
Example 1: The exemption is restricted to Rs. 400 since the employee receives only Rs. 400 as a conveyance allowance.
Example 2: The exemption is Rs. 800 since the law permits exemption to the extent of Rs. 800 per month.
Example 3: The conveyance allowance is Rs. 800 since the employee receives only Rs. 800 as a conveyance allowance.
From India, Madras
For a handicapped person (who is blind or orthopedically handicapped with a disability of lower extremities), the law allows exemption to the extent of Rs. 1600 per month or the actual conveyance allowance paid, whichever is lower.
Example 1: The exemption is restricted to Rs. 400 since the employee receives only Rs. 400 as a conveyance allowance.
Example 2: The exemption is Rs. 800 since the law permits exemption to the extent of Rs. 800 per month.
Example 3: The conveyance allowance is Rs. 800 since the employee receives only Rs. 800 as a conveyance allowance.
From India, Madras
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