Interested to Buy Any Domain ? << Click Here >> for more details...
What are the exemptions from salary
- 10 Answers
- 18900 Views
- Influx Info Solutions, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
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 |
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 |
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 |
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 |
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 |
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 |
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 is E-1 form and whats its use?
Any body tell me about VAT (Karnataka)shortly because, iam reading vat book but iam not able to understand that. if any body tell me shortly about karnataka vat, retursn, tax collectng, tax payment, CENVAT utilizing etc. pleseeeeee
how to bifurcate service tax & swachh bharat tax from total tax amount. i.e. If Tax Amount is Rs.28.50/- then Service Tax = ? & Swachh Bharat Tax = ?
i forgot to deduct tds in Contractor non corporate in july 15 so what should i do now? Please Suggest.
3 Answers Mahindra Holidays and Resorts India MHRIL,
Please let me know..if we can deduct amount TDS for the payment made to travelling which amounts to Rs. 3702/-
WHAT IS TCS & DIFFINATION
"A" is a Registered Dealer of Maharastra State, "B" is a Registered Dealer of Gujrat state and agent of "A", "C" is a Registered Dealer of Gujrat State. "C" ordered "A" to sand goods of certain specification. "A" in his term issues good to "B" to make such goods in the specification desired by "C"."C" sands such goods to "A". "A" raises invoices to "C". Which type of Sale transactions occured in the situation.
I'm a Taiwaness, and my boss have investment in india. I have a question about TDS. If I rent a one day car that doesn't sign any contract or agreement, should I pay the TDS or should I dedcut TDS from payment of this expenditure.
What is Differed tax Liability?
How much amount cross for applicable of TDS if any party' s and Individual, HUF. Plz tell me wait for ur answers My:- e mail Prateeka4u@ymail.com
What is the due date for issue of TDS certificate under salaries and in what form
From Karnataka,while sending material out, which are all the states required Form 38?
Audit 
