Understanding Tax Exemptions: What's Included in Hard Furnishing Allowance?

Hi,

The following are the components of our salary structure:

1. Professional Membership Fee Reimbursement
2. Hard furnishing allowance
3. Academic/Scholarship Expenditure reimbursement

Please let me know what is covered under the above components for tax exemption.

Would be grateful if you can revert to pveena@waterhealth.com or send me a PM.

Regards,
Veena

Hard furnishing allowance is fully taxable.

Study sponsorship is tax-free for the employer, but reimbursement will fall under the limits of Section 80C.