Table of Contents
What is research allowance? #
Research allowance is paid for motivating the research pursuit in academic and professional projects by the employer. Research allowance is paid usually in pharma, automobile, and tech companies where there are constant product development is under process.
Many companies provide a separate portion of the CTC for incurring external training expenditures, mobile bill payments, and purchase of books/periodicals and any such allowance is exempt to the extent of expenditure incurred.
