From United States, Warren
It depends on the company policy. Actual medical reimbursement for tax exemption is Rs. 1250.00 pm. So if the medical allowance is more than Rs. 1250.00, the person will get exemption on Rs. 1250.00. Reimbursement means, for claiming the allowance one should produce the bills of the same.
If person is not providing the bills of medical and are taking the allowance then the entire amount would be taxable.
Regards,
Amit Seth.
From India, Ahmadabad
From India, Ahmadabad
From India, Mumbai
Regards
Sanjay verma
From United States, Santa Clara
From India