Special compensatory Allowance (Hilly Areas) (Subject to certain conditions and locations)Īmount exempt from tax varies from Rs. The value of residential telephone free of cost and the number ofįree calls to the extent of 1500 per month shall be exempt. Research Allowance granted for encouraging the academic research and other professional pursuitsįoreign allowances or perquisites paid or allowed by Government to its employees (an Indian citizen) posted outside IndiaĪllowances to Judges of High Court/Supreme Court (Subject to certain conditions)įollowing allowances and perquisites given to serving Chairman/Member of UPSC is exempt from tax:ī) Value of conveyance facilities including transport allowanceĪllowances paid by the UNO to its employeesĪllowances to Retired Chairman/Members of UPSC (Subject to certain conditions)Įxempt subject to maximum of Rs.14,000 per month for defraying services of an orderly and for secretarial assistant on contract basis. Transport Allowance to an employee working in any transport business to meet his personal expenditure during his duty performed in the course of running of such transport from one place to another place provided employee is not in receipt of daily allowance.Īmount of exemption shall be lower of following:Ĭonveyance Allowance granted to meet the expenditure on conveyance in performance of duties of an officeĮxempt to the extent of expenditure incurredĪny Allowance granted to meet the cost of travel on tour or on transferĭaily Allowance to meet the ordinary daily charges incurred by an employee on account of absence from his normal place of duty 3,200 per month granted to an employee, who is blind or deaf and dumb or orthopedically handicapped with disability of lower extremities Transport Allowance granted to an employee to meet expenditure for the purpose of commuting between place of residence and place of duty 300 per month per child up to a maximum of 2 children is exempt 100 per month per child up to a maximum of 2 children is exempt
It is mandatory for employee to report PAN of the landlord to the employer if rent paid is more than Rs.
Fully Taxable, if HRA is received by an employee who is living in his own house or if he does not pay any rent * Salary= Basic + DA (if part of retirement benefit) + Turnover based Commission 10(13A) & Rule 2A)ī) 40% of Salary (50%, if house situated in Mumbai, Calcutta, Delhi or List of benefits available to Salaried Persons *
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