02-24-2010, 08:47 PM
Dear kindly visit following website
http//www.cbr.gov.pk/tpef/FAQS/DTFAQs.asp
it says
Q. 16
Is medical allowance exempt?
A.
It is exempt up to 10% of the basic salary if employee is not entitled for free medical treatment or reimbursement of medical expenses.
Clause 139(b) Part I of 2nd Schedule to the Income Tax Ordinance, 2001.
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by smimranhaider</i>
<br />Dear Members,
I want to know either medical allowance for a salaried person is exempted for income tax or not.
Plz define in detail.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
http//www.cbr.gov.pk/tpef/FAQS/DTFAQs.asp
it says
Q. 16
Is medical allowance exempt?
A.
It is exempt up to 10% of the basic salary if employee is not entitled for free medical treatment or reimbursement of medical expenses.
Clause 139(b) Part I of 2nd Schedule to the Income Tax Ordinance, 2001.
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by smimranhaider</i>
<br />Dear Members,
I want to know either medical allowance for a salaried person is exempted for income tax or not.
Plz define in detail.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
