Medical Reimbursement Form West Bengal PDF

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Medical Reimbursement Form West Bengal

Medical Reimbursement is an arrangement under which employers reimburse the portion of the health expenses incurred by the employee. The Income Tax Act allows tax exemption of up to INR 15,000 on medical reimbursements paid by the employer

Under the Income Tax Act, specific conditions have been prescribed so that such expenditure is not considered as a prerequisite in the hands of the employee:

  • Employees should have spent the amount on medical treatment.
  • The amount should have been spent on his own or his family members’ treatment.
  • Such an amount should be reimbursed by the employer. iv) Amount reimbursed by the employer does not exceed INR 15,000 in the financial year. *Family for the above purpose includes spouse and children of the individual and parents, brothers and sisters of the individual or any of them, who are wholly or mainly dependent on the individual.

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