Conveyance allowance exept under new tax regime

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Manager (Finance&Accounts)
61 Points Posted on 15 July 2021
Dear members,
Under new tax regime of IT under salaries, if conveyance allowance is exempt. If exempt up to which extent. Please clarify any body.
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On 15 July 2021 at 03:02 Report
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Quick Summary
This discussion clarifies the exemption limit for conveyance allowance under the new income tax regime for salaried individuals. Members confirm that the maximum exemption allowed is up to £1,600 per month.

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STUDENT
1631 Points Posted on 15 July 2021
Up to 1600/Month.
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On 15 July 2021 at 08:57
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Chartered Accountant
24588 Points Posted on 15 July 2021
1600 rupees per month
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On 15 July 2021 at 09:14
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403 Points Posted on 15 July 2021
1.6k p.m Max
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On 15 July 2021 at 11:48

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