CMA RAVI (ASSISTANT MANGER - FINANCE) (478 Points)
14 October 2013
banwari lal sharma
(Deputy manager (Finance & Audit))
(34 Points)
Replied 14 October 2013
Mihir
(Wealth Manager)
(5293 Points)
Replied 15 October 2013
Medical reimbursement as perqs is tax free upto 15,000/- pa. Medical allowance is taxable.
*RENU SINGH *
(✩ §m!ℓ!ñġ €ม€§ fℓม!ñġ ђ♪gђ✩ )
(21622 Points)
Replied 15 October 2013
| Originally posted by : Mihir | ||
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Medical reimbursement as perqs is tax free upto 15,000/- pa. and Fixed Medical allowance is taxable. |
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Agree completely.
@VaibhavJ
(Believe!! Live your dreams!)
(33506 Points)
Replied 15 October 2013
Hi,
Medical reimbursement is not a part of Gross Salary!
Medical allowance will always be part of gross salary!
You can exempt medical allowance upto Rs. 15000 if you take a declaration from employee that Biils will be submitted before end of financial year!
Thanks//VaibhavJ
CA.Vinita Gupta
(Deputy Manager- Finance)
(2918 Points)
Replied 15 October 2013
Medical Reimbursement is not a part of Gross Salary. if bills are produced then Mediclaim Reimbursement upto Rs.15000/- is allowed
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