Income tax inspectors are eligible for various allowances and benefits that enhance their overall compensation package. Some of the common allowances and benefits provided to an income tax inspector include: House Rent Allowance (HRA): HRA is provided to compensate for the expenses incurred on rented accommodation. The HRA amount varies based on the posting location and can range from 8% to 24% of the basic pay. Dearness Allowance (DA): DA is provided to compensate for the rising cost of living expenses. The DA amount is calculated based on the Consumer Price Index (CPI) and is revised twice a year. Transport Allowance (TA): TA is provided to compensate for the expenses incurred on transportation to and from work. The TA amount varies based on the posting location and can range from Rs. 1,600 to Rs. 3,000. Medical Allowance: Income tax inspectors are eligible for medical reimbursement for themselves and their dependents. Leave Travel Concession (LTC): Income tax inspectors are eligible for LTC to travel to any part of India during their service period. Pension and Gratuity: Income tax inspectors are eligible for a pension after retirement and gratuity, which is a lump sum payment received after serving for a specific period. Group Insurance: Income tax inspectors are eligible for group insurance, which provides financial assistance to the family in case of the inspector's untimely death or disability.