HI ALL I wanted to know if the tax will be applied to the other allowances like Conveyance ,healthcare allowances ,education ,food coupons . If applied thn wat % of taxes will be applied
From India, Hyderabad
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From India, Hyderabad
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Please clarify healthcare allowance. Please note that tax exemptions are already available:
- Conveyance Allowance: ₹800 per month – ₹9,600 per annum.
- Medical Allowance: ₹1,250 per month – ₹15,000 per annum.
- Education Allowance: ₹200 per month – ₹2,400 per annum (Subject to 2 children's school attendance).
- Food Coupons: ₹1,250 per month – ₹15,000 per annum (₹50 per day x 25 days = ₹1,250).
- Mediclaim Hospitalization: If any, is not taxable.
Regards,
BrainLight HR Solutions
From India, Mumbai
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18- Conveyance Allowance: ₹800 per month – ₹9,600 per annum.
- Medical Allowance: ₹1,250 per month – ₹15,000 per annum.
- Education Allowance: ₹200 per month – ₹2,400 per annum (Subject to 2 children's school attendance).
- Food Coupons: ₹1,250 per month – ₹15,000 per annum (₹50 per day x 25 days = ₹1,250).
- Mediclaim Hospitalization: If any, is not taxable.
Regards,
BrainLight HR Solutions
From India, Mumbai
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