Medical Reimbursement News

Money

Budget 2018: Standard deductions for salaried individuals

A poor budget for the salaried class: no change in income tax rates or slabs, marginal relief from standard deduction but a higher cess

3 min read2 Feb 2018
Money

Budget 2018: Rs40,000 standard tax deduction means little for salaried people

Benefits for the salaried under the proposed Rs40,000 standard deduction will be neutralized by inclusion of transport and medical allowances and 1% hike in health and education cess

1 min read1 Feb 2018
Politics

Budget 2018: Rs40000 standard deduction announced, no change in income tax slabs

Arun Jaitley proposed a standard deduction of Rs40,000 in Budget 2018 in lieu of transport allowance and medical reimbursement entailing a revenue sacrifice of Rs8,000 crore

2 min read1 Feb 2018
Money

DYK: Difference between medical allowance and medical reimbursement

An employee can claim the reimbursement not only for medical expenses incurred for herself but also for spouse, and dependent children and parents

2 min read14 Jun 2016
Opinion

Need for revision in some tax laws

Need for revision in some tax laws

3 min read5 Jul 2011

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