Hi Everyone,
My friend has got a job offer from company where basic is 20000/, hra is 2200/ and conveyance allowance is 27800/ . With this salary structure he feels he needs to pay more income tax. when he told employer that why hra is less and conveyance allowance is more he was told by employer said they may provide accomdation in future.
So what is maximum non taxable amount for Conveyance allowance.
Waiting for reply
Sandhya
From India, Hyderabad
My friend has got a job offer from company where basic is 20000/, hra is 2200/ and conveyance allowance is 27800/ . With this salary structure he feels he needs to pay more income tax. when he told employer that why hra is less and conveyance allowance is more he was told by employer said they may provide accomdation in future.
So what is maximum non taxable amount for Conveyance allowance.
Waiting for reply
Sandhya
From India, Hyderabad
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Taxable Income.doc