11/30/2023 0 Comments High altitude conveyance rideHighly active field area allowance is granted to members of armed forces (Subject to certain conditions and locations) 1,600 per month (for altitude above 15,000 feet) High Altitude Allowance is granted to armed forces operating in high altitude areas (Subject to certain conditions and locations)Ī) Up to Rs. Underground Allowance is granted to employees working in uncongenial, unnatural climate in underground mines If this exemption is taken, employee cannot claim any exemption in respect of border area allowance (Subject to certain conditions and locations)Ĭounter Insurgency Allowance if this exemption is taken, employee cannot claim any exemption in respect of border area allowance (Subject to certain conditions and locations) If this exemption is taken, employee cannot claim any exemption in respect of border area allowance (Subject to certain conditions and locations)Ĭompensatory Modified Area Allowance. Tribal area allowance in (a) Madhya Pradesh (b) Tamil Nadu (c) Uttar Pradesh (d) Karnataka (e) Tripura (f) Assam (g) West Bengal (h) Bihar (i) OdishaĬompensatory Field Area Allowance. 7,000 per month.īorder area allowance Remote Locality or allowance or Disturbed AreaĪllowance or Difficult Area Allowance (Subject to certain conditions and locations)Īmount exempt from tax varies from Rs. Special compensatory Allowance (Hilly Areas) (Subject to certain conditions and locations)Īmount exempt from tax varies from Rs. Research Allowance granted for encouraging the academic research and other professional pursuits 3,200 per month granted to an employee, who is blind or deaf and dumb or orthopedically handicapped with disability of lower extremitiesĪllowance granted to an employee working in any transport business to meet his personal expenditure during his duty performed in the course of running of such transport from one place to another place provided employee is not in receipt of daily allowance.Īmount of exemption shall be lower of following:Ĭonveyance Allowance granted to meet the expenditure on conveyance in performance of duties of an officeĮxempt to the extent of expenditure incurred for officialĪny Allowance to meet the cost of travel on tour or on transferĭaily Allowance to meet the ordinary daily charges incurred by an employee on account of absence from his normal place of duty Transport Allowance granted to an employee to meet expenditure for the purpose of commuting between place of residence and place of duty 300 per month per child up to a maximum of 2 children is exempt 100 per month per child up to a maximum of 2 children is exempt It is mandatory for employee to report PAN of the landlord to the employer if rent paid is more than Rs. Fully Taxable, if HRA is received by an employee who is living in his own house or if he does not pay any rent * Salary= Basic + DA (if part of retirement benefit) + Turnover based Commission 10(13A) & Rule 2A)ī) 40% of Salary (50%, if house situated in Mumbai, Calcutta, Delhi or Least of the following is exempt from tax:ī) 1/5th of salary (excluding any allowance, benefits or other perquisite)Ĭ) Actual entertainment allowance received Individual - Teacher from SAARC member StateĮntertainment Allowance received by the Government employees (Fully taxable in case of other employees) Salary and allowances received by a teacher /professor from SAARC member state (Subject to certain conditions). Individual - Judges of High Court/Supreme CourtĬompensatory allowance received by a Judge under article 222(2) of the Constitution Individual- Salaried Employee (being a citizen of India)Īllowances to Judges of High Court/Supreme Court 1.b Allowances available to different categories of Tax PayersĪny allowance or perquisite paid or allowed by Government to its employees posted outside India
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