Is medical reimbursement is taxable income. ?


Chand Basha   25 December 2018

Chand Basha

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I am chand basha govt.teacher, Andhra pradesh. Should I show medical reimbursement in income tax, how much deduction allowed.? please clarify any one...

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VARUN MAHAJAN ADVOCATE (Proprietor)     25 December 2018

VARUN MAHAJAN ADVOCATE
Proprietor 
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As per an amendment in the Budget 2018, tax exemption on medical reimbursement amounting to Rs 15,000

Navaneetha Krishnan G   25 December 2018

Navaneetha Krishnan G

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As a salaried individual u dont have this deduction. Hence in the budget provide u t Rs.40000 as standard deduction which includes medical reimbursement also.

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Adinath Sardeshmukh. (Student)     25 December 2018

Adinath Sardeshmukh.
Student 
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no specific deduction is allwed for medical reimburesement according it will be taxable. you can claim the total deduction of rs 40K available to individuals staright away now.


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