WebApr 11, 2024 · "However, the contribution made by private sector employer towards Tier 1 NPS account is eligible for tax deduction under section 80CCD (2) up to 10 per cent of employee’s basic pay plus ... WebAug 25, 2024 · Food Coupons can give an exemption subject to Rs. 50 /- per meal in two meals a day and Rs. 5000 /- for Gift Vouchers under Section 17 (2). As these Flexi Benefits objective is to save income tax of employees, most of them provide their personal bills and ask for reimbursement as the same part of salary in CTC.
Wage Types Configuration SAP Community
WebFBP Allowance – This employee is entitled to ancillary benefit below the compliant benefits blueprint, which includes medical, transport, and other aids. Statutory Bonus – The employer generally grants a special equivalent to 8.33% by the employee’s salaries, and the maximum allowable statutory bonus is 20%. WebApr 9, 2024 · Assuming the number of items a always 4 and higher than number of items d, then you can do it using self left join with a condition (a.ID mod 4) = (b.ID mod 4). If we take this query : select *, ID mod 4 from table_test it will Result : ID Item Amount Item_Mode ID mod 4 1 Allowances 100 a 1 2 HRA 200 a 2 3 DA 100 a 3 4 FBP 100 a 0 5 Income Tax … black coffee you need me
Leave Travel Allowance (LTA): Claim Rule, Eligibility, Tax Exemptions
WebOn the FBP page, Select Plan and enter FBP component details. The details will be displayed in the grid for the income tax calculations under income tax summary for the … WebOct 4, 2024 · The FBP facilitates covering the expenses of employees related to conveyance in the following cases: Fuel bills: Employees may claim the cost of petrol or … WebThe table below provides further information on the same. Description. Cubic Capacity within 1.6 litre. Cubic Capacity exceeding 1.6 litre. Expenses reimbursed by the employer. Rs.1,800 + Rs.900 (if a driver is provided by the employer) Rs.2,400 + Rs.900 (if the driver is provided by the employer) Expenses directly met by the employee. galvanized wash basin with legs