|
S.
No.
|
Salary
Structure
|
Exempt
|
Taxable
|
| 1 |
Basic
Salary |
|
Taxable |
| 2 |
DA |
|
Taxable |
| 3 |
HRA |
Max
exemption is restricted to least of the following
three amounts:
-
50% of salary (40% in case of cities other than
metros
-
Excess of rent paid over 10% of salary
-
Actual amount of HRA received.
|
|
| 4 |
Computer
Allowance |
|
Taxable |
| 5 |
Conveyance
(Transport) Allowance |
Exempt
under S.10(14)/ Rule 2BB upto Rs. 800/- p.m. Exempt
if allowance is granted to meet his expenditure
forthe purpose of commuting between the place of
hisresidence and the place of duty. |
|
| 6 |
Foreign
Allowance |
|
Taxable |
| 7 |
Helper
Allowance |
Exempt
to the extent incurred on helper where such
helper is engaged for performance of official duties. |
|
| 8 |
Children
Education Allownce |
Exempt
upto Rs. 100 p.m. per child for a maximum of 2 children. |
|
| 9 |
Children
Hostel Allowance(Amount
granted to meet hostel expenditure on employee's
children) |
Exempt
upto Rs. 300 p.m. per child for a maximum of 2 children. |
|
| 10 |
Electricity
Expense Allowance |
|
Taxable |
| 11 |
Conveyance
Allowance (Reimbursement-Fixed Amount over & above
the amount referred at S.No. 5) |
Exempt
to the extent conveyance allowance is utilised for
meeting expenditure on conveyance for performing
official duties. |
Please
refer tax treatment at S.No.16,17,18 & 19 |
| 12 |
Outstation
Allowance |
|
Taxable |
| 13 |
Entertainment
Expense Allowance |
|
Taxable |
| 14 |
Clothing/Uniform
Allowance |
Exempt
where allowance is given to meet the expenditure
on the purchase or maintenance of uniform for wear
during the performance of official duties. |
|
| 15 |
Bonus/Ex
Gratia |
|
Taxable |
