Sentences with phrase «medical allowances»

But the same can not be said about medical allowances.

Medical allowances included as a component of an employee's salary is very much taxable.

The limit for dental care is $ 750 from the total medical allowance.

Dear Krishna, The Standard deduction is in lieu of medical allowance, conveyance allowance etc..

Kindly read: Mediclaim tax benefits... 3 — HRA, Leave encashment, gratuity, Medical allowance etc come under section 10.

Baderinwa, a former Chief Press Secretary to former governor Bisi Akande, said he was unaware of any monthly or quarterly medical allowance for the APC chieftain from either the governor or the government.

So, ideally your Form - 16 will reflect a fixed deduction of Rs 40,000 in lieu of Conveyance and Medical allowances w.e.f AY 2019 - 20.

The OPD expenses other than those related to chronic ailments would continue to be met through fixed medical allowance.

Now, you may be getting a take home salary of Rs. 55,000 by adding all these components, but what you may not be aware of is that the lenders do not consider things such as medical allowances or LTA into consideration while calculating your loan eligibility based upon your net income.

Section 80D provides a deduction of Rs 15,000 on account of medical allowance.

With effective from FY 2018 - 19, a standard deduction of Rs 40,000 in lieu of travel and medical allowances has been proposed for salaried employees and pensioners.

Dear KCMSELVI, Even if you miss the deadline for submitting the investment proofs, you can still claim all the tax deductions «except few allowances like LTA or Medical allowance» while filing your Income Tax Return.

However, banks do not include things such a medical allowance or a leave allowance while calculating your net disposable income each month.

Medical allowance is given to the employees as part of the salary.

Medical allowance can be given to you by your employer as per of your salary.

The medical allowance is tax - free only when you produce actual medical bills.

Allowance disbursed by the employer like HRA (House Rent Allowance), Medical allowance, travel allowance, etc..