Salary Bifrucation

Dear Mr. Akhil

If you receive monthly Medical as Medical  allowance is fully taxable.

Show Education Allow.  Rs.100/pm max for 2 children is exempted (Total 200 / pm)

Dear Mr. Deepak

Thank you for reply.

1- I write salry head as medical reimbursement then is it partially taxable 1250/month right ?

2- For Education aloowance i think the rule has been changed. i got one doc related to taht but i unable to uderstand plese clarify me if possible--

• Children Education Allowance and Reimbursement of Tuition fees have been merged and the new scheme is known as Children Education Allowance Scheme.
• This scheme can be availed by Government employees upto a maximum of Two Children
• This is applicable for School going children only (nursery to 12th Std including 11th and 12th std conducted by Junior colleges)
• The Scheme has no nexus with the performance of the children in the class.
• The reimbursement is applicable for admission fees, laboratory fees, special fee charged for agriculture, music, electronics or any subject, fee charged for practical work, fees for use of any aid or appliance by the child, library fees, games/sports fees, fees for extra curricular activities, purchase of one set of text books and notebooks, two sets of uniforms and one set of school shoes.
• The annual ceiling for reimbursement of children education allowance is fixed at Rs.12,000/-.
• Hostel subsidy will be reimbursed upto maximum limit of Rs.3000/- per month per child. However, both hostel subsidy, and children education allowance can not be availed concurrently.
• The maximum limits in Children Education allowance and Hostel subsidy would be automatically raised by 25% every time the dearness allowance on the revise pay structure goes up by 50%.
• This scheme is effective from 01-09-08.
• Reimbursement of the children education allowance and Hostel subsidy would be made on production of original receipts self certified by the employee.

3- what about Telephone allowance and car,Driver and petroll allowance.

Thanks & Regards

Akhil

You can take reimbursement per month of some items like Telephone reimbursement, fuel reimbursement against actual bills and reduce some prtion of special allowance

Thank you Maninder.

Thanks & Regards

Akhil Gupta

HI

YOU CAN ADD ANE MORE HEAD MADICAL REMBURESHMENT IN PLACE ON MADICAL ALLOWENSE UP TO RS 15,000/-

REMURESHMENT CANT BE TAKE BCOZ COMPANY HAVE YO PAT FBT ON THE AMOUNT PAID AS REMBIRSHMENT

MADICAL ALLOWENCES ARE FULLY TAXABLE

BUT MADICAL REMBIRSHMENT ARE EXEMPT UP TO 15,000/-