Confused About Taxable Income on My Salary Slip: Can You Help Me Understand Allowances?

charz26
I have attached my salary slip. I'm studying it to know the taxable income details. I could not understand how other allowance taxable income is calculated and some amount is exempted for other allowances. Help me to understand the highlighted components in the attachment.
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nathrao
What is your basic pay? This statement pertains to which month. Give a breakdown of monthly pay, HRA, etc. Then it will be easier to explain.
nathrao
I have perused your pay slip and computation of taxable income. Allowances being taxed are HRA (partly subject to conditions) and other allowances. Kindly refer to the above link for understanding and planning your taxes. One way to lessen the tax burden is to increase your PF subscription, which is the easiest and safest investment.

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I have corrected the spelling and grammar errors in the text provided. I have also ensured there is proper paragraph formatting with a single line break between each paragraph.
personal15
Since all amounts other than Basic and HRA are put under other allowances, I presume the exemption of Rs. 8,960 is towards transport allowance.

Thank you!
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