Regarding salary break-up

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

04 January 2017 I work through third party HR management in a company. Now the company where I work they are changing the vendor and re recruiting thought new HR company. They have given us a new salary breakup where they did conveyance to nil and added telephone, bonus / ex gratia and vehicle reimbursement section. but my total CTC is the same as previous.

Also the have increased by basic salary

Please suggest if it will affect me tax vise.

Mithun Agarwal

Mithun Agarwal (Expert)
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04 January 2017 Basic - 30 to 40% of CTC
HRA - 50% of Basic
conveyance - 1600
Medical Reim - 1250
Spl All - balance CTC

Querist : Anonymous

Querist : Anonymous (Querist)

06 January 2017 Thanks for your reply. but in my new salary breakup they have kept conveyance to nil and added telephone 3000 per month and Vehicle maintenance to 2400 per month. I don't have car but I have two wheeler.

1. what is included under Vehicle maintenance?
2. Can I give my monthly telephone bills for tax exemption?

Could you explain in details because I have very limited knowledge regarding this. If you can further clarify it will be really helpful.

Thanks in Advance

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Expert : Anonymous

Expert : Anonymous (Expert)

06 January 2017 telephone bill is disallowed for deduction. conveyance allowance u can take 1600 p.m. or more in behalf of vehicle repaire & maintenance & its allowed for examtion maximum Rs. 1600 p.m.