Hi,
Please someone tell me as to what are the taxable & non-taxable components in the salary.
My company offers fixed salary to the employees, in which only tax deduction is done. It includes the following
1. Basic
2. HRA
3. Trans. Allowance
4. Medical (Reimbursement) of Rs. 1200
Which of these items are taxable & also tell me the taxation limits, etc.
Thanks & Regards,
Arushi
Please someone tell me as to what are the taxable & non-taxable components in the salary.
My company offers fixed salary to the employees, in which only tax deduction is done. It includes the following
1. Basic
2. HRA
3. Trans. Allowance
4. Medical (Reimbursement) of Rs. 1200
Which of these items are taxable & also tell me the taxation limits, etc.
Thanks & Regards,
Arushi