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Is medical reimbursement is taxable income. ?

25 December 2018

I am chand basha govt.teacher, Andhra pradesh. Should I show medical reimbursement in income tax, how much deduction allowed.? please clarify any one...

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3 Replies

VARUN MAHAJAN ADVOCATE (Proprietor) (339 Points)
Replied 25 December 2018

As per an amendment in the Budget 2018, tax exemption on medical reimbursement amounting to Rs 15,000

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Navaneetha Krishnan G (43 Points)
Replied 25 December 2018

As a salaried individual u dont have this deduction. Hence in the budget provide u t Rs.40000 as standard deduction which includes medical reimbursement also.

Adinath Sardeshmukh. (Student) (35 Points)
Replied 25 December 2018

no specific deduction is allwed for medical reimburesement according it will be taxable. you can claim the total deduction of rs 40K available to individuals staright away now.