Poonawalla fincorps
Poonawalla fincorps

Salary allowances

This query is : Resolved 

27 April 2018 Basic (INR)
H.R.A. (INR)
Special Allow.(INR)
LTA

Out of above which are taxable, also if exempt upto what amount

27 April 2018 All are taxable HRA Exemption to be calculated as per 10(13a) ,LTA Rules for Exemption u/s 10(5) LTA Exemption is available for travel allowance given by the employer to the employee or his family. The exemption is claimed for two journeys in a block of four years.



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