Taxable and Non Taxable Allowance
Fully Taxable allowances: Dearness Allowance: The allowance is paid to the employees to cope with inflation. Entertainment Allowance: This is an allowance that is provided to the employees to reimburse the expenses which are incurred on the hospitality. Overtime Allowance: Overtime allowance is the allowance which is paid to the employees for working above…
Read More
