Question: is ta exempted from income tax?
Answer: If you were receiving transport allowance from your employer till FY 2017-18, as a taxpayer, you can claim up to Rs 1,600 per month or Rs 19,200 per annum as exempt from tax before arriving at gross income chargeable to tax. In case of blind, deaf, or handicapped employees, the exemption limit is Rs 3,200 per month.