Allowances Taxability for Salaried Employee
Allowances Taxability for Salaried Employee Allowances:- Allowances Taxability for Salaried Employee are 1. Fully-taxable allowances: a. DA or special allowance b. Fixed medical allowances c. Tiffin allowanced. Servant allowances e. Nonparticipating allowance f. City compensatory allowances g. Field allowances h. Overtime allowances 2. Partly exempted allowances: a. Special allowances 1.) Children Education Allowance - Exempt up to actual amount received per child or Rs.100 p. ...