Non-Taxable Income Options
To reduce the income tax amount, we are providing food coupons, medical reimbursement, LTA, etc. However, I would like to know what other heads can be non-taxable. Please suggest your views.
Regards,
Devang Pandya
From India, Vadodara
To reduce the income tax amount, we are providing food coupons, medical reimbursement, LTA, etc. However, I would like to know what other heads can be non-taxable. Please suggest your views.
Regards,
Devang Pandya
From India, Vadodara
Child Edu. allowance - rs.200/- pm/child (max 2 children) Conveyance allowance - rs.800/-pm Gift voucher - rs.5000/- p.a HRA - upto 50% of basic for metros & 40% for non-metros pon
From India, Lucknow
From India, Lucknow
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