Query on medical allowance

Rajesh (Junior Engineer) (48 Points)

13 February 2012  

Hi ,

I am getting Medical allowance of Rs 15,000 per annum from my employer.

Suppose if i have not submitted bills, at the  end of FY how much money will they deduct as taxable?

What is % of tax deduction?

At end how much money will i get after deductions?