Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
hello, friends..
may i know what is the maximum conveyance allowance limit per month for paying income tax who's salary is 35k per month.
other wise help me how to divide a take home salary of 35k with BASIC,HRA, CONVEYANCE ALLOWANCE, MEDICAL ALLOWANCE etc.
please help...

From India , Bangalore
Hi Manju,
If a person is living in a metro city (Delhi, Calcutta, Mumbai, Madras) then Rs 1,200 per month i.e Rs 14,400 per annum is the maximum limit. If living in non Metro city then Rs 800 per month i.e Rs 9,600 per annum will be the maximum limit.
Over and above is taxable in both the above cases. Also, Basic and HRA are always in the 60-40 ratio. Kindly let me know the allowances you are getting so that i can provide you with a breakup of your salary.
Do let me know if this information is useful for you.

From India , Chandigarh
For Metro city Rs.1200/- per month. Is there any govt. notification. if anybody has it please attach a copy. I think it is 800/- per month only.
From India , Madras
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.




About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™