You need not to do anything more, just be patience.
This amount of Rs.40,000 will be diducted from your gross salary like other
diductions hut there'll be no chance of taking of rebate for helth policy.
----- Original Message -----
From: "m.chandrashekar" <chandru...@gmail.com>
To: "'AccessIndia: a list for discussing accessibility and issues concerning
the disabled.'" <accessindia@accessindia.org.in>
Sent: Thursday, September 20, 2018 07:52 PM
Subject: Re: [AI] Regarding income tax rebates for the V I community
Hello friends, I am not understanding about standerd deduction of rs.40000
Can you please explain in detail. Thanks in advance
With best regards
m.chandru
-----Original Message-----
From: AccessIndia [mailto:accessindia-boun...@accessindia.org.in] On
Behalf
Of Sameer
Sent: Wednesday, September 19, 2018 10:13 PM
To: AccessIndia: a list for discussing accessibility and issues concerning
the disabled.
Subject: Re: [AI] Regarding income tax rebates for the V I community
Dear Friend,
As per the budget for financial year 2018-19, salaried VI employees cannot
claim deduction for medical reimbursement. Instead of this deduction, they
can claim a standard deduction of Rs. 40,000/-.
The deduction for conveyance allowance of Rs. 38,400/- will continue as in
previous years. For details, kindly refer Sr. No. 11 in rule 2BB of the
Income-tax rules.
Regards
Mr. Sameer Latey
Mumbai, India
-----Original Message-----
From: sampath raj rao
Sent: 19 September, 2018 6:34 PM
To: AccessIndia: a list for discussing accessibility and issues concerning
the disabled.
Subject: Re: [AI] Regarding income tax rebates for the V I community
Hi, I too need the same...
On 9/18/18, Ved <vedprakash.sha...@gmail.com> wrote:
In this year's budget speech the finance minister introduced standard
deduction of rs40000 and abolished the excemption under health
insurance as well as the transport allowances.
However, in the later news items it was said that in case of V I
employees the health insurance as well as transport allowance shall
continue like previous years.
Is there any circular regarding this?
Kindly share the same if there are one.
Thanks and regards.
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