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
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.
From India, Bangalore
but what about for sales and marketing persons bcoj they have to do the meetings within the delhi ncr or sometimes out of the state , in this case what amount of conveyance should be fixed.
From India, Delhi
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