Welcome to a new episode of Dharawahik. We were discussing
income tax on salaries.
We had discussed a lot on salaries. We had discussed about
gratuity, we had read about leave encashment.
Friends, now I would like to discuss about medical
expenditure.
Sometimes it happens that our employer pays the premium of
our medical insurance.
Or sometimes it happens that our employer reimburses the
premium of our medical insurance.
Sometimes it also happens.
For example, let me tell you about an imaginary situation
when corona was spreading in our country.
At that time, patients were also getting admitted
simultaneously and doctors were also getting admitted.
What happens in a hospital? Doctors, nurses and patients.
Now, the doctor himself got infected with corona while
getting treated.
So, he will also have to get admitted.
He fell ill during his duty.
Remember this.
If he had not gone to the hospital and not treated the
patients, would he have fallen ill?
He fell ill during his duty.
So, in that case, the medical expenditure was paid by the
hospital's employer.
The medical expenditure was not paid by the hospital's
employer.
Now, let me ask you the same question.
Can an employer pay medical expenditure for his employee?
He can do anything for his employee.
What we have to see is what is taxable and what is exempt.
Suppose, the doctor was admitted to the hospital.
The hospital's employer paid the medical expenditure for
him.
What will be the taxability in that case?
Let's try to understand this.
Keep giving with me as you have been giving till now.
Medical expenditure.
It is a simple thing.
The medical expenditure is either paid by the person.
It is a simple thing.