Hello everyone,
If a bank employee got
Conveyance allow. 1600 p.m.
Medical allow. 1250 p.m.
Food allow. 910 p.m.
Personal pay 9865 p.m.
Other allow. 19915 p.m.
Please tell which allowances will be exempted and upto which extent.
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Allowances taxable or exempt
Replies (2)
Non of the above unless your form 16 has any such exemption.
Allowances are two types or exempted
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