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Medical allowance is a fixed component that you receive every month as part of your monthly salary, that is taxable as salary income. Whereas Medical reimbursement is a tax-free component and as discussed above, it is exempted up to the amount spent by employee or Rs. 15,000 whichever is less.Read More →

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Medical allowance is a fixed component that you receive every month as part of your monthly salary, that is taxable as salary income. No bills are required to be submitted for taking this allowance. What is the fixed medical allowance for pensioners? 2010 regarding grant of Fixed Medical Allowance @Read More →