Hello, I want to know is Rs.1600 fixed as a conveyance allowance for all the employees in pvt. Ltd. organizations?
From India, Gurgaon
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Hi As per the income tax, Conveyance allowance exemption is max of Rs. 1600/- PM & thats the reason most of the organisations are following Rs. 1600/- It is purely to reduce the tax paid by employee
From India, Bangalore
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