What are the exemptions from salary

Answers were Sorted based on User's Feedback



What are the exemptions from salary..

Answer / ravi

The following are exemptions from salary
1. HRA
2.Conveyance Allowance
3.Entertainment Allowance in case of Govt.employees only

Is This Answer Correct ?    31 Yes 10 No

What are the exemptions from salary..

Answer / usha

Conveyance rs. 800/- pm, medical allowance 15000/- pa, hra
least of following 1.hra received 2. rent paid less 10% of
basic 3. 40% of basic in metros and 50% of basin in other
cities, PT, Meiclaim under 80D up to 15000/-,

Is This Answer Correct ?    18 Yes 3 No

What are the exemptions from salary..

Answer / mahendra

50% hra in metro and 40% other city

Is This Answer Correct ?    12 Yes 1 No

What are the exemptions from salary..

Answer / deb

The following are exemptions from salary
1. HRA
2.Conveyance Allowance
3.Entertainment Allowance in case of Govt.employees only
4. Knowledge & skill allowance

Is This Answer Correct ?    16 Yes 12 No

What are the exemptions from salary..

Answer / seetu

ta
da
hra

50% hra in metro and 40% other city

rent paid over 10% of salary of house rent allowance u/s
10(13A and RULE 2A)
convenyience allowence
medical allowence

Is This Answer Correct ?    3 Yes 0 No

What are the exemptions from salary..

Answer / v.udayakumar

HRA - 40% in cities and 50% in metros
Medical
TA
Conveyance
Children education allowance

Is This Answer Correct ?    3 Yes 0 No

What are the exemptions from salary..

Answer / pj

1) HRA (whichever is less in these 3)
i)Hra received
ii)Rent - 10% of Basic salary
iii)50% in metro cities and 40 % in non- metro

2) Professional tax

3)Investment in Insurance, NSC and other allowed US 80c.....
upto RS.100000(1 Lakh)

4)Exemption of 100% for donation to National relief fund and
PM relief fund

5)Exemption of 50% for donation to CM relief fund

Is This Answer Correct ?    3 Yes 0 No

What are the exemptions from salary..

Answer / abhishek kumar

encashment of leave salary,
advance of salary,
arrears of salary,
various allowances such as dearness allowance,
entertainment allowance, house rent allowance, conveyance
allowance and also includes perquisites by way of free
housing, free car, free schooling for children of employees
all those are exemption

Is This Answer Correct ?    3 Yes 4 No

What are the exemptions from salary..

Answer / guest

LEAST OF THE FOLLOWING IN HOUSE RENT ALLOWANCE:
1)rent paid over 10% of salary of house rent allowance u/s
10(13A and RULE 2A)
2)50%of salary in metro cities&other cities 40%of salary

Is This Answer Correct ?    7 Yes 10 No

What are the exemptions from salary..

Answer / guest

House Rent Allowance, Dearness Allowance, etc.,

Is This Answer Correct ?    7 Yes 11 No

Post New Answer

More Taxation Interview Questions

please tell me friends what are the formats of excise return and vat return?

0 Answers   Visa,


Dear Sir please give the answar for the following question. What is the CST rate, if C form is fail to file after issued final Assessment Order. Because our commidity is @ 4%. But in the assessment order they are demanding @12.5% tax to which c forms are not submitted. for this issue what is the rate applicable.

1 Answers  


Please guide me... We are dealing in trading of industrial material. What is the difference between importer, 1st stage dealer, 2nd stage dealer and 3rd stage dealer? Whether all of these above can pass on the excise duty to the end user. Please tell me and thanks in advance.

0 Answers  


We are generally give order to the printing company for printing our uniqe file,calender,sovenour,answer sheet,envelop etc, when company submite the bill it charge the bill includes vat@4%, so can we deduct the TDS on total invoice value or only cost amount (exclude the vat).

8 Answers  


can i issue tax invoice or retail invoice in case of form 38(road permit) available and tin no. applied for and tax rate CST 2% or full 12.50%(seller delhi buyer haryana)

4 Answers  






what is mis

1 Answers   IBPS,


what are the indirect taxes?

4 Answers   KPMG,


Is Service Tax Applicable on Hospitals?

3 Answers  


Hi, When your orgnization is applicable for VAT payment..? Payment date of VAT ? Return date of VAT ? What is VAT Summary..?? What is Vat Set off ?? Which Entry to be passed after filing return or payment..??? I will be very thankful to you if anyone can give the detail in short how to file VAT return..? which form etc..?????

1 Answers  


What is the eligibility criteria of C-Form(Manufacturing goods of borewell bits, Hammers, Drilling Tools and Air compressors, etc..). If such company will purchase safety shoes, buyer can eligible to issue C-Form?

0 Answers   Atlas Copco,


what is cost taxation

0 Answers  


Is wct charged on firm or proprietors ?

0 Answers  


Categories