Budget 2013-14: What salaried class expects
Raising transport allowance
The transportation allowance granted by the employer to his employee for commuting between the place of work and residence is tax-free to the extent of Rs 800 per month. This limit was fixed more than a decade ago, and needs to be revised upwards to at least Rs 3,000 per month, given the rising commuting costs.
Reema Sharma/Ajeet Kumar
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