Is there any tax deduction in the Medical Remimbursement claim amount? In my company deducted the tax from my Medical Remimbursement claim amount. Please any one of help me out.
From India, Bangalore
From India, Bangalore
Till Rs. 15000 per annum is exempted from Tax for Medical Allowance. Amount above 15000 is considered as taxable amount.
From India, Gurgaon
8From India, Gurgaon
Swati replace the word Medical Allowance with Medical reimbursement.Dear Jayprakash,
If you have been paid the Medical reimbursement more than 15000.00 in the financial year, than certainly it would be taxable.
The medical Allowance which is paid along with the salary on monthly basis is considered as part of the salary and is taxable.
From India, Delhi
If you have been paid the Medical reimbursement more than 15000.00 in the financial year, than certainly it would be taxable.
The medical Allowance which is paid along with the salary on monthly basis is considered as part of the salary and is taxable.
From India, Delhi
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Medical Reimbursement Format.doc
ESIC Form-Medical Expense Reimbursement.p df