i) Medical benefits provided to employees with some specific conditions.
ii.) Any food or snacks provided by the employer in the workplace.
iii.) Any residential accommodation provided at the workplace.
iv.) Expenses for Telephone including mobile phone.
v.) Contribution by employer towards staff group insurance scheme.
vi.) Any type of scholarship paid to employees or their children.
vii.) Conveyance facility provided to the employee for traveling between home to workspace.
viii.) Any refresher course fee paid by the employer towards employee betterment.
ix.) Tax paid by the employer towards various perquisites.
x.) Perquisites received by any Government Employees posted abroad.
xi.) Laptop provided by the employer for the use of the employee.
xii.) Interest free or concessional loan provided to employees upto Rs 20000/-.

xiii.) Transfer without consideration of any moveable asset other than computer/ electronics or a car after using it more than 10 years.
xiv.) Periodical and journals required for work.
xv.) Leave travel concession u/s 10(5).

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i.) Facility of a car.
ii.) Cost of maid, driver or personal attendant.
iii.) Cost of Gas, electricity or water service.
iv.) Education facility.
v.) Any type of transport facility.

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i) A Director - Employee.
ii) Employee having substantial interest in employer - company.
iii) Any other employee except above two conditions whose salary income exclusive of non-monetary benefits and amenities exceeds Rs. 50,000/-.

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 i) Amount or any compensation received by any employee from his employer or former employer in connection of termination of employment or modification of terms & conditions.

ii) Any amount received from an unrecognised provident fund or an unrecognised superannuation fund.

iii) Any payment due to or received by an employee, under a Keyman Insurance Policy.

iv) Any amounts due to or received by an employee before his joining employment or after cessation of his employment.

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Superannuation is a retirement fund offered by an employer. You and your employer contribute to this fund to help you build a corpus to give annuities or lumpsum at retirement.

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i.) Defined benefit plans. Eg Gratuity, Leave Encashment,
ii) Defined contribution plans. Eg NPS, PF.

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i) Standard Deduction of Rs. 50,000 or the amount of salary, whichever is lower.
ii) Entertainment allowance, actual or at the rate of 1/5th of salary, whichever is less, limited to Rs. 5,000.
iii) Professional tax.

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There are four types of Provident Fund

i. ) Statutory Provident Fund.
ii.) Recognised Provident Fund.
iii.) Unrecognised Provident Fund.
iv.) Public Provident Fund.

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i.) In the case of Govt. & Semi Govt. Employees' salary for a particular month becomes due on the first date of the next month.

ii.) In the case of Banks & Non Govt. Employees, salary of a particular month becomes due on the last date of the same month.

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Leave Travel Allowance is an allowance provided by the employer to the employee for traveling while on leave. It applies to travel only within the country. Under Section 10(5) of the Income Tax Act, this is a part of salary and is exempted.

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