What is the amount of conveyance allowance tax limit that is exempt from tax?
Conveyance allowance tax limit Introduction In most organizations, employees receive various allowances in addition to their basic salary. One such common allowance is the Conveyance Allowance, which is provided to employees to cover commuting expenses between home and workplace. However, a key aspect to consider is the tax exemption on conveyance allowance. Understanding the conveyance… Read More »
