Tax on Medical reimbursement

634 views 1 replies
This year I received medical reimbursement of Rs 75000 for medical treatment of myself and also getting 1000 Rs as medical allowance every month. Is my medical reimbursement is taxable or not. And if taxable under which section Rs15000 are tax-exempted.
Replies (1)

As of my last knowledge update in January 2023, medical reimbursements provided by employers in India are exempt from income tax up to a certain limit. The exemption is limited to the actual amount incurred on medical expenses or the amount received, whichever is less. The maximum limit for tax-free medical reimbursements can vary and is subject to change based on government regulations.

It's essential to note that tax laws and regulations may be updated, and it's advisable to check the latest guidelines or consult with a tax professional for the most current information. 

 

 

 

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details