Salaries

IPCC 591 views 4 replies

Q 1While computing salary for the purpose of Rent Free Accommodation Will the following be included?

        A Reimbursement of Meducal expenses

        B Uncommuted Pension

 

 

Q 2 If an employee of an transport undertaking is in recipt of transport allowance alongwith daily allowance will he be eligible for exemption of 70% or 10,000 p.m. whichever lower or not?

Replies (4)

you have to include everything except perqs, employers contribution to pf, exempt allowances.

In q1. reimbursement of medical exp (perq) will not be included, 

in q2. it will be allowed and for the purpose of rfa you have to include the taxable amt derived after allowing exemption.

Originally posted by : Vishwas V Rao

you have to include everything except perqs, employers contribution to pf, exempt allowances.

In q1. reimbursement of medical exp (perq) will not be included, 

in q2. it will be allowed and for the purpose of rfa you have to include the taxable amt derived after allowing exemption.

Originally posted by : Vishwas V Rao

you have to include everything except perqs, employers contribution to pf, exempt allowances.

In q1. reimbursement of medical exp (perq) will not be included, 

in q2. it will be allowed and for the purpose of rfa you have to include the taxable amt derived after allowing exemption.

Thank you all


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