Medical Bill Reimbursement

You add medical bill reimbursement into your salary.

Its deductible u/s 80DDB

Thanks Pankaj.

Kindly send me Good Tax Calculator excel. I Downloaded some tax calculator. which is not clear.

I will just explain you the salary structure and deductions of one of My friend.

Salary: Basic+HRA+Special Allowance+Food Coupons+Employee P.F.

Eg: Basic =12000

       HRA   = 4800

       S.A     =16000

        F.C     = 1100

       EPF    = 1440.

Tax Plan she had done like:

Medical Bills Reimbursement: 12000

Rent Paid: 3500

LIC Preimium Paid: 13000 PA

Health insurance Premium Paid- 200 PM

Donation -1600(50% apply)

Food Coupons also get expemption benifit.

EPF also.

The above are the details of salary structure & her investments. Kindy send me the tax calculator?

TAX CALCUATOR...

Here it is...

here it is...........

Thanks Pankaj.

In the above tax calculator. PF is calculating on gross salary. but it should be on basic 12% Right?

Kindly check it out and let me know.

Thank you.

there is an opntion in ROW C that including PF. Please do Yes on Basic and No on others parts of salary.

Thank you.

In the PF Coloum: what is OB, INT & CB? Some amount is calculating in that Column. what is that?

Opening balance , closing balance & interest