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Fuel Reimbursement Income Tax India
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But did you know fuel allowances can also be seen among best tax benefits As per the first ever Employee Benefits study in India 72 employees prefer to opt for fuel allowances This not only indicates
1 How much Petrol and Driver Reimbursement component is allowed under income tax can an company give 50 of salary as Petrol and Driver Reimbursement
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Fixing Payment Of Fuel Reimbursement Charges To Delivery Staff
Fixing Payment Of Fuel Reimbursement Charges To Delivery Staff
Are travel reimbursements in India taxable Most travel reimbursements and allowances will not be taxable in India as long as they have a business purpose
1 Employees Provident Fund EPF Investors looking for twin engines of quality and growth As per the EPF Act 12 percent of an employee s basic salary and
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Fuel Reimbursement In Payslips Manager Forum
Fuel Reimbursement In Payslips Manager Forum
Tax exemption This is exempt up to Rs 15000 per year or the bill amount whichever is the lower Fuel reimbursement Any reimbursement for fuel charges incurred by the employee for official duty is considered as fuel
The benefit categorized as either fuel allowance car allowance petrol allowance or fuel allowance by corporate if availed by salaried for tax benefits can save them Rs 12 000 per year on
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DOP Guidelines For Fixing Payment Of Fuel Reimbursement Charges
Fuel Reimbursement Charges Guidelines For Fixing Payment To
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1 How much Petrol and Driver Reimbursement component is allowed under income tax can an company give 50 of salary as Petrol and Driver Reimbursement
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1 How much Petrol and Driver Reimbursement component is allowed under income tax can an company give 50 of salary as Petrol and Driver Reimbursement
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