Medical Reimbursement [Thread 64919]

ashok ingle
Hi,
PLS provide medical reimbursement policy ? How much % calculation
taxable amount.
regards
Ashok
Amitmhrm
Hi Ashok,
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.
Amitmhrm
Dear Ashok,
Medical reimbursement of rupees 1250/- per month is completely exempted from taxes...
Regards,
Amit Seth.
pacific123123
If the employee provides fake or doctored bills for medical bills, is it the responsibility of the company to ensure that the supportings provided are genuine?
syv@softhome.net
Medical reimbursement is non taxable to the extent of Rs 15000/- p.a but one has to produce bills for the same.However the amount above 15000/- is taxable & no bills are produced for the claim then also it is 100% taxable.
Regards
Sanjay verma
sunita haridas
we have medical reimbursement policy in our organisation. But one particular employee met with accident at site and has been advised for prolonged medical attnation , Since he is covered under the group medical insurance ,but the physiotherapy cost he wants to claim from the organisaion , Kindly adivse can it be reimbursed under the staff welfatre head , and will it have any implication of tax on the employee or employer ?? kindly reply???
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