Hi Friends Would you please tell me what is the limit for conveyance & Medical allowance. Regards Madhu
From India, Baruipur
1From India, Baruipur
Hi madhu, It depends on respective co.policy but Rs.15000/- per annum for medical and Rs.9600/- per annum for transport is non taxable so generally co.uses this as max. limit Rgds, Shilpi
From India, New Delhi
From India, New Delhi
Hi: The Max limits for Conveyance is 800 and for medical is 1250. Anything beyond this is taxable. Regds Nirzari Shah
From India, Pune
From India, Pune
Hi Madhu,
If your city is non - metro then conveyance allowed is 800pm which comes to 9600 per year. But it is metro then the conveyance is 1200pm which comes to 14400 per year.
Medical is same as every one informed.
cheers
suneel.
From India, Bangalore
If your city is non - metro then conveyance allowed is 800pm which comes to 9600 per year. But it is metro then the conveyance is 1200pm which comes to 14400 per year.
Medical is same as every one informed.
cheers
suneel.
From India, Bangalore
Dear Suneel, Do u have any notification regarding this? please attached! Regards Ashish Singh Bisht Executive HR
From India, New Delhi
From India, New Delhi
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EPS - Wage Limit increase_01.09. 2014.pdf
SC Judgment-No obligation to excess contribution than Statutory Limit.docx