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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