Hi all,
Are meal allowance, travel allowance, telephone & internet allowance, and conveyance allowance fully taxable? As an employer, is it mandatory for us to collect all the necessary proofs from employees for submission? Please advise.
Thank you.
From India, Hyderabad
Are meal allowance, travel allowance, telephone & internet allowance, and conveyance allowance fully taxable? As an employer, is it mandatory for us to collect all the necessary proofs from employees for submission? Please advise.
Thank you.
From India, Hyderabad
These allowances are taxable but if these are paid as reimbursements then they will not be part of salary for tax purpose. You have to either collect actual bills or get declarations from the employees that the amounts have been spent.
From India, Kannur
4246From India, Kannur
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.
Initial telephonic inquiry.doc
1 Guidlines On PF to be charged on all other allowances 05032019.pdf