Medical allowance refers to the amount an employer pays an employee for medical related expenses. A fixed medical allowance is generally fully taxable as part of an employee’s salary, irrespective of whether the employee actually incurs medical expenses. However, different tax rules may apply when an employer provides or reimburses specific medical benefits that qualify for tax exemption under applicable provisions. This article explains the medical allowance exemption and the deductions available to salaried employees.

Income tax for salaried person is calculated based on various tax slabs. Filing income tax on salary in a hurry at the end of a financial year is not the right choice as you can end up making unforeseen errors. Tax planning must be started with the start of a new fiscal year so that you have ample time to make better investment decisions. After various deductions, income tax for salaried person is calculated based on applicable income tax slab rates for the financial year.

Section 22 of the Income Tax Act 2025 outlines the available deductions on income from house property. The new Section 22 includes key tax saving provisions such as 30% deduction on value of property and home loan interest benefits. It replaces Section 24 of the Income Tax Act 1961 with a clearer, structured format.

TDS refers to tax deducted at source on the income itself. In the case of TDS on salary, it relates to the tax deduction made by an employer from your salaried income based on your income tax liability. TDS on salary helps the government in collecting income tax accruing from an individual’s salary at the source. Herein, we would be discussing some key aspects of TDS deducted on salary.

Section 80G of the Indian Income Tax Act allows taxpayers to avail tax benefits by donating to charitable organisations and relief funds. What’s more the tax saving options under Section 80G and its key sub-sections such as Section 80GGA, 80GGB and 80GGC can be availed by not just individual taxpayers, but also by companies and other organisations. However, to make the most of these tax deductions one must have a clear idea about how to avail the benefits.

In the following sections we will discuss key features of Section 80G and its key subsections - 80GGA, 80GGB, and 80GGC including eligible institutions, maximum deduction limit and more to help you understand how you can make the most of your charitable contributions.