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| This query is : Resolved
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Author : Anonymous
( Author ) 12 June 2012
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Hi,
Can anyone guide me as to what deductions and exemptions can be claimed from income from salaries so as to minimise the tax incident?
Regards.
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Siddhartha Bhardwaj
( Expert ) 13 June 2012
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HRA Conveyance allowance Reimbursements
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CA Prashant Gupta
( Expert ) 13 June 2012
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you can get HRA exemption. conveyance allowance 800 p.m medical reimbursement 15000 p.a. children education allowance 200 p.m other exempt allowances which are based on your posting and if your employer agree then you can get reimbursement of telephone, petrol etc. But then it will not be included in your salary slip. So you can get problem while change of job to prove salary
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