Compensation - Doc Download

Hi
Can I have the maximum tax exemption amounts for conveyance, child education etc??
It will be very grateful if someone gives clear idea of the same.
Thanks in advance
Deepa

hello,
how to calculate the over time. and from when over time should be calculated after half hr or one hour

Hello Deepa,
Please see the attached for the details you are looking.
let me know if you need any further clarifications.
Thanks and Regards,
ayona

Maximum conveyance exemption you can give to an employee is Rs.800p.m and if the employee is physically handicapped exemption can be given at Rs.1600p.m.
For Educational expenses write from financial year 2005-06 it got vanished and observed along with the tution fees under section 80ccc
Regards
Uma Shankar Prasad K.V.

Hello Deepa,
There is no such thing as max limit for LTA.
I am attaching another doc file........u will get to know in details bt LTA.
U can log onto indiataxes.com to know the tax implications.
thanks and regards,
Ayona