Can anybody please tell me what are the deduction form salary while calculating the taxable salary i.e. washing allowances, travelling, employes state insurance etc.
10 October 2008
16(iii)-- Profession tax 10(13A)-- House rent allowance 10(14) -- Tavelling allowance @Rs.800/- per month. The above is only an example.There are other exclusions from salary income which can be answered only on specific questions.