WebNEW RATES OF CITY COMPENSATORY ALLOWENCES (CCA) as follows: CCA City Compensatory Allowances Rates NOTE:The Municipal Corporations eligible for City Compensatory Allowance are: Municipal Corporations of 1) Warangal 2) Karimnagar 3) Khammam 4) Nizamabad 5) Ramagundam. WebOct 29, 2013 · Special compensatory allowance (where ever applicable) Illustration: On the date of retirement, supposed an employee’s basic pay is Rs.20,000 /- + 27 % dearness allowance thereon and if 300 Earned leaves are at his credit on his leave account, the calculation shall be as under: Basic pay Rs.20,000 Dearness allowance Rs. 5,400 ------- …

Income Tax MCQ QUIZ Set – 4 (Income from salary)

WebFeb 20, 2024 · The Municipal Corporations eligible for City Compensatory Allowance are 1) Ananthapur; 2) Chittoor; 3) Eluru; 4) Guntur; S) Kakinada; 6) Kadapa; 7) Kumool; 8) Nellore;9) Ongole; IO) Rajahmundry; and 11) Tirupathi. The pay for the purpose of calculation of City Compensatory Allowance shall be the pay defined in FR 9 (2l) (a) (i). In simple words, City Compensatory Allowance or CCA is an allowance provided by companies, (public sector or private sector), to its employees to compensate for the higher cost of living in metropolitan or Tier-1 cities. In some cases, CCAis also offered for employees working in Tier-2 cities as well. City … See more City Compensatory Allowance is provided to employees of both public sector enterprises as well as private sector enterprises. There is no fixed eligibility criterion for CCA, but it is usually offered to middle or lower … See more Under the Income Tax Laws, City Compensatory Allowance or CCA is fully taxable, without any exemptions. For income tax computation, CCA will be added to the income … See more It is entirely at the discretion of employers to determine the pay structure it follows, i.e. they can pay consolidated salaries also or can divide the salary into basic plus allowances. … See more As specified above, no specific rules and regulation govern the calculation of City Compensatory Allowance. It is entirely at the discretion of the employer to offer a particular amount as CCA. If an employer is not paying CCA … See more how to remove icon off desktop

CCA City Compensatory Allowances Rates in AP and

WebOct 6, 2024 · A) City Compensatory Allowance B) Dearness Allowance C) Foreign Allowance D) Medical Allowance Answer is c) Foreign Allowance Show Answer 3. An individual must stay in India at least for howmany days to become a resident ? A) 360 days B) 182 days C) 90 days D) 150 days Answer is B) 182 days Show Answer 4. WebCity Compensatory Allowance (CCA) (18-03-2015) Special Pays. Telangana Increment. Automatic Advancement Scheme. General Provident Fund (GPF) National Pension … WebThe new W-4 no longer utilizes allowances, as it now requires you to input annual dollar amounts for things like non-wage income, income tax credits, itemized and other … how to remove icon in search bar