Deductions from gross salary.

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..... the meaning of clause (2) of article 276 of the Constitution; (b) any allowance or benefit granted by an employer for journey by an employee between his residence and office or any other place of work, to such extent as may be prescribed; (c) any allowance or benefit granted by an employer to an employee— (i) to meet expenses wholly, necessarily and exclusively in .....

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..... mployer, in the financial year, to an account of an employee in an approved provident fund, to the extent it does not exceed twelve per cent. of the salary of the employee; (g) any amount of interest credited, in the financial year, on the balance to the credit of an employee in an approved fund to the extent it does not exceed the amount of interest payable at the rate notified by the C .....

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