saiprerna
Hi All,
I work as an accountant in a Engineering services company.
My employees keep on complaining that other companies gives lot of allowances which are not taxable so their tax outflow is less like electronic item purchase allowance and washing allowance.
Can any one of you share a list with me of allowances which gives them good Tax Benefit.
Regards,
Prerna

From India, Bangalore
jeevarathnam
636

Hi Prerna
I don't think so as allowances to buy electronics are exempted. Ofcourse in any manufacturing industry if there is uniform system then washing allowance is exempted. Other thank those below allowances are exempted.
HRA,
Conveyance Allowance
Medical Allowance

From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR

All Copyright And Trademarks in Posts Held By Respective Owners.