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Wednesday, July 27, 2016

Taxable and Non-Taxable Elements of Pay and Allowances

List of Taxable Elements of Pay
Taxable Element of Pay : Provisions are applicable equally for monthly payment of Allowances as well as arrears for the said head of Pay/Allowances.
Non-Taxable Elements of Pay : Salary for this purpose includes Pay in Pay Band + Grade Pay + MSP (w.e.f. 01 Sep 08) + DA + NPA (if any).

Sl. No.
Taxable Elements of Pay
1.
Pay in the Pay Band
2.
Grade Pay
3.
Military Service Pay
4.
Dearness Allowance
5.
Non-Practicing Allowance (if any)
6.
Hazard/Special Hazard Pay
7.
Para Allowance/Para Reserve Allowance/Special Commando Allowance
8.
City Compensatory Allowance
9.
Deputation (Duty) Allowance (If any)
10.
Reimbursement of Furniture
11.
 Reimbursement of Water
12.
Reimbursement of Electricity
13.
Technical Allowance
14.
Qualification Pay
15.
Special Action Group Allowance (on posting to National Security Guard)
16.
Technical Pay
17.
Language Allowance
18.
Qualification Grant
19.
Language Award
20.
Flying Allowance
21.
Leave Encashment on LTC
22.
Specialist Allowance
23.
Test Pilot Allowance
24.
Instructor Allowance
25.
 Flight Test Allowance
26.
Security Allowance
27.
Strategic Force Allowance

Sl No.
Non-Taxable element of Pay
Limit of Exemption
1.
Gallantary Award
Fully Exempt
2.
Entertainment Allowance
 A sums equal to1/5th of
salary(excluding any allowance/benefit) orRs.5000/- per annum whichever isless.
3.
 Leave Travel Concession (LTC)
Actual Expenditure upto the limit of entitlement
4.
Foreign Allowance
Fully Exempt
5.
Bhutan Compensatory Allowance (BCA)
Fully Exempt
6.
Servant Wages Allowance along with BCA
Fully Exempt
7.
Purchase of Crockery/Cutlery/Glassware
Fully Exempt
8.
Outfit allowance on posting to Embassy
Fully Exempt
9.
Arrears of Cash Grant – Foreign Allowance (Nepal)
Fully Exempt
10.
Myanmar Allowance
Fully Exempt
11.
Representation Grant for use of crockery set
Fully Exempt
12.
Encashment of Leave on retirement whether on superannuation/voluntary
retirement/release/invalidment etc.
Fully Exempt
13.
House Rent Allowance/House Rent Reimbursement (HRA/HRR)
*Quantum of exemption is least of the following – a) For Bombay/Kolkata/Delhi Chennai i) Allowance actually received. ii) Rent paid in excess of 10% of salary iii) 50% of salary b) For other cities i) Allowance
actually received. ii) Rent paid in excess of 10% of salary. iii) 40% of salary
14.
Children Education Allowance
Rs.100/- per month per child upto a maximum of 2 children.
15.
Hostel Subsidy
2BB (2) – Table Sl No.6 of the IT Rules, Rs.300/- per month per child upto a maximum of 2 children
16.
 Siachen Allowance
Rs.7000/ per month w.e.f. 01/08/1997
17.
Special Compensatory (Remote Locality) Allowance
Category I – SCA ‘A’ – Rs.1300/- per month Category III – SCA ‘B’ –
Rs.1050/- per month. Category IV – SCA ‘C’ –Rs.750/- per month. Category VI – SCA ‘D’ – Rs.200/- per month.
18.
Compensatory Field Area Allowance
2BB (2) – Table Sl No.7 of the IT Rules Rs.2600/- per month w.e.f.01/05/1999
19.
 Compensatory Modified Field
Area Allowance (CMFAA)
Rs.1000/- per month w.e.f. 01/05/1999
20.
Any Special Allowance in the nature of Counter Insurgency Allowance
(SCCIA)
Rs.3900/- per month w.e.f. 01/05/1999
21.
 Transport Allowance granted to
meet expenditure for the purpose of commuting between place of residence and
duty
 For whole of India – Rs.1600/- per month
22.
 Transport Allowance granted to
a blind or orthopedically handicapped employee with disability of lower
extremities  to meet expenditure for
the purpose of commuting between place of residence and duty
For Whole of India – Rs.3200/- per month 2BB (2) – Table Sl.No.11 of the IT Rules
23.
High Altitude Uncongenial Climate Allowance (HAUCA)
For areas of (a)Altitude of 9000 to 15000 feet (HAUCA ‘I) – Rs.1060/- per month w.e.f. 01/05/1999 (b)Altitude above 15000 feet (HAUCA ‘II’ & ‘III) – Rs.1600/- per month w.e.f. 01/05/1999.
24.
 Highly Active Field Area
Allowance (HAFA)
Rs.4200/- per month
25.
Island (duty) Allowance granted to the members of Armed Forces
For Andaman & Nicobar and Lakshadweep group of islands – Rs.3250/- per month inserted w.e.f. 29/02/2000.
26.
Outfit Allowance (Initial/Renewal)
 Fully Exempt
27.
Compensation for the change of uniform
Fully Exempt
28
. Kit Maintenance Allowance
 Fully Exempt
29.
Uniform Allowance (MNS)
Fully Exempt
30.
Special Winter Uniform Allowance
 Fully Exempt
31.
 Reimbursement of Medical
Expenses
Actual expenditure upto Rs.15000/- per annum.
32.
Any payment from Provident Fund
Fully Exempt
33.
Payment of Compensation – Disability Pension
Fully Exempt.
DISCLAIMER: The above provisions are with the understanding and interpretation of IT Act 1961/IT Rules as amended and instructions issued by CBDT from time to time. Rules, provisions, further amendments and clarifications are issued by IT department/CBDT only and this office does not have any role in framing the same except IT deductions at source with reference to them.

Source and Credit :- http://90paisa.blogspot.in/2016/07/taxable-and-non-taxable-elements-of-pay.html

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