Recently I've changed my job,salary structure is as follows
Basic : 12060
HRA : 4824
MEDICAL ALLO : 1250
LTA : 2010
STATUATARY BONUS : 691
FLEXIBLE BENEFIT ALLOW : 5965
so my doubt is that :
1) Regarding HRA , I''m staying in a rented house of Rs.6750/-, where owner doesn't give any paid receipt , if it is taxable how to avail it.
2)Regarding Medical When to submit the bills of medical ,actually may salary structure showing medical bill reimbursement facility?
3)LTA - how to avail .Is it taxable
4)Statuatary bonus - What Is this?
5)Flexible Benefit Allowance : What is this , How can i avail , when to submit bills ,what bills can be submitted?
Please Clear my doubts as i dont have any knowledge of Tax on Salary.
From India, Visakhapatnam
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