INCOME FROM SALARIES

PRESENTED BY : VISHAL PATHANIA

UID : 22MBF10077 (MBF – 601)
 EMPLOYEE EMPLOYER RELATIONSHIP
NO DIFFERENCE BETWEEN SALARY AND WAGE
INCOME TAX TAX YEAR/METHOD OF ACCOUNTING
SALARY PAID BY FOREIGN COUNTRY
ACT 1961 TAX FREE SALARY

(SEC 15) FOREGOING

PLACE
OF SALARY
OF ACCRUAL
  BASIC PAY
 FEES, COMMISION
 ALLOWANCES
 PERQUISITES

COMPUTATION 

EMPLOYER CONTRIBUTION TO RPF(12%)
EMPLOYER CONTRIBUTION TO NPS
OF SALARY 

INTEREST ON RPF(9.5%)
PENSION
 ADVANCE SALARY
 ARREARS OF SALARY
 PROFIT IN LIEU OF SALARY
 TAXABLE GRATUITY/ANNUITY
  DA
 CITY COMPENSATORY
 FIXED MEDICAL
FULLY  NON PRACTISING

TAXABLE 

SERVANT ALLOWANCES
DEPUTATION ALLOWANCES
ALLOWANCES 

LUNCH/MEAL
OVERTIME
 TIFFIN
 WARDEN
 PLANNING
 ALLOWANCES PAID BY GOVERNMENT TO ITS
EMPLOYEES POSTED OUTSIDE INDIA
FULLY EXEMPT
ALLOWANCES TO JUDGES OF HIGH COURT AND
ALLOWANCES SUPREME COURT

ALLOWANCES PAID BY UNO TO ITS EMPLOYEES

  HOUSE RENT ALLOWANCE
 ENTERTAINMENT
PARTIALLY  EDUCATION ALLOWANCES

TAXABLE 


HOSTEL EXPENDITURE ALLOWANCES
TRANSPORT ALLOWANCES WORKING IN
AND 
TRANSPORT
TRANSPORT ALLOWANCE FOR PERSONAL USE
PARTIALLY  TRIBAL OR SCHEDULED AREA
ALLOWANCE(₹200 P.M)
EXEMPTED  UNDERGROUND ALLOWANCE(₹800 P.M)

ALLOWANCES  HIGHLY ACTIVE FIELD AREA

ALLOWANCE(₹4200 P.M)
 ISLAND DUTY ALLOWANCE(₹3250 P.M)
  RENT FREE ACCOMMODATION
 SERVICES OF SWEEPER/GARDEN
 SUPPLY OF GAS
 EDUCATION FACILITY
PERQUISITES  LEAVE TRAVEL CONCESSION
 MEDICAL FACILITY
 CAR
 TRANSPORT FACILITY
 LUNCH/REFRESHMENT
 GIFTS
 EDUCATION FACILITY
  GRATUITY

INCOME FROM
 PENSION
 CONTRIBUTION TO PROVIDENT FUND
SALARY  EARNED LEAVE SALARY
 COMPENSATION ON VOLUNTARY RETIREMENT
(RETIREMENT)  COMPENSATION ON RETRENCHMENT
THANK YOU