Transport Allowance received by your employer is exempted up to limits
Friday, July 14, 2017, 10:23 AM
If receiving transport allowance from employer, a taxpayer can claim up to Rs 1600 per month or Rs 19,200 per annum as exempt from tax before arriving at gross income chargeable to tax. In case of Blind, deaf and handicapped employees the exemption limit is Rs 3200 per month. This allowance does not require you to submit bills to your employer for claiming it.