can anyone help me with the rembursement limit wit...
# compensation-and-benefitsm
Mamta Makwana
08/25/2023, 8:58 AMcan anyone help me with the rembursement limit with slab-wise Salary and limitations, which help employees with tax saving.
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Albus
08/25/2023, 9:06 AMThanks for asking Albus
Albus
08/25/2023, 9:06 AMCan you please specify the country or region for which you need this tax information? Also, could you clarify what you mean by "slab-wise" salary?
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Mamta Makwana
08/25/2023, 9:14 AMIndia - Mumbai
Mamta Makwana
08/25/2023, 9:15 AMslab means
Mamta Makwana
08/25/2023, 9:15 AMunder 20 PA CTC how much Reimbursement and which component we can give ?
Mamta Makwana
08/25/2023, 9:16 AMThe same way above 50 PA ctc, under 50 PA ,
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Saurabh Aggarwal
08/25/2023, 1:12 PMHi Mamta,
around 25% of the salary component is available to be given in the tax saving reimbursements components. Apart from Food, gift, fuel (under certain restriction), all other do not have the limit defined in the income tax act.
All of these fall under old tax regime
Saurabh Aggarwal
08/25/2023, 1:13 PMIn case you need better understanding and help in implementation, we at Advantage Club can help