Can a company provides Conveyance and Medical allowance less than 800 and 1250 respectively, Example Conveyance Allowance:600 Medical allowance: 1000 Is there any problem in this? Thanks...
From India, Delhi
From India, Delhi
Dear member
I have not come across any statute prescribing any minimum limit for HRA or conveyance allowance.In the absence of it, the contarct of servcie shall govern the isssue.Thus unless you have contracted to pay Con.all or med.allow at the rates mentioned above i.e Rs800/ and Rs1250/- there should not be any problem in paying Rs.600/- and Rs.1000/-
B.Saikumar
Mumbai
From India, Mumbai
1899I have not come across any statute prescribing any minimum limit for HRA or conveyance allowance.In the absence of it, the contarct of servcie shall govern the isssue.Thus unless you have contracted to pay Con.all or med.allow at the rates mentioned above i.e Rs800/ and Rs1250/- there should not be any problem in paying Rs.600/- and Rs.1000/-
B.Saikumar
Mumbai
From India, Mumbai
Dear member
I have mentioned in my earlier reply that I have not come across any law on HRA, It should be read as medical allowance. So far as HRA is concerned, some states like Maharastra have passed a law on Minimum HRA to be granted by establishments.
B.Saikumar
Mumbai
From India, Mumbai
I have mentioned in my earlier reply that I have not come across any law on HRA, It should be read as medical allowance. So far as HRA is concerned, some states like Maharastra have passed a law on Minimum HRA to be granted by establishments.
B.Saikumar
Mumbai
From India, Mumbai
It is not less than 5% of basic + DA subject to the minimum of 20%. B.Saikumar HR &Labour Law Advisor Mumbai
From India, Mumbai
From India, Mumbai
Dear Sir,
Conveyance, Medical Allowance are the benefits to be extended by the management.
There is no statutory effect for the above benefits. Managment may extend these facilities
based on their financial returns.
D.Gurumurthy
LL.HR.IR.Consultant,
Hyderabad.
From India, Hyderabad
Conveyance, Medical Allowance are the benefits to be extended by the management.
There is no statutory effect for the above benefits. Managment may extend these facilities
based on their financial returns.
D.Gurumurthy
LL.HR.IR.Consultant,
Hyderabad.
From India, Hyderabad
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
ESI-Not-applica ble-on-Conveyan ce-Allowance.do c
Revision in conveyance allowance in Maharashtra from 1.10.2013.pdf