Dear All,
I would like to know what the minimum amount of Medical and conveyance allowance we have to give to an employee is. To my knowledge, I know that Rs. 1250 for medical and Rs. 1600 for conveyance is the maximum limit for TDS exemption. But, can I give conveyance and medical of any amount? Please guide.
Regards,
Ria
From India, Indore
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3I would like to know what the minimum amount of Medical and conveyance allowance we have to give to an employee is. To my knowledge, I know that Rs. 1250 for medical and Rs. 1600 for conveyance is the maximum limit for TDS exemption. But, can I give conveyance and medical of any amount? Please guide.
Regards,
Ria
From India, Indore
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