PeppyMuffin
PeppyMuffin
19mo

Flexi Benefit

Hi My company has Flexi Benefit and it is shown in Payslip top. But I don't see it explicitly mentioned in Form-16.

How do I claim that while filing taxes?

19mo ago
DerpyTaco
DerpyTaco

You will have to submit bills to get tax exemptions for different components of the flexi benefit - Fuel, Medical, Books etc.

There are a plenty of websites which help in generating invoices which can be used for reimbursement/tax exemption purposes. Saves a lot of time and hassle Mentioning a few popular ones below:

https://www.a2zbills.com/ https://www.canva.com/invoice/ https://billgenerator.org/ https://invoice-generator.com/ https://uniinvoice.co.in/

PeppyMuffin
PeppyMuffin

But my gross pay shows completely. What do I do in this case?

PeppySushi
PeppySushi
19mo

If you’ve availed for the flexi benefit in any category, that amount gets reduced from your gross pay and automatically the tds is recomputed which adjusts for your tax benefit

Discover more
Curated from across