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Tax benefit compensation structure
Currently the organization still follows a very simple salary structure. with employee salary hikes it becomes imperative for the company to introduce a tax friendly structure. please suggest an ideal salary structure to ensure maximum tax savings for employees
Tax free salary from middle east
Hi everybody i have very good offer from qatar. the salary is tax free. how can i transfer the salary saving to my parants in india so that i am not supposed to pay any tax on it. also me how show this tax free income in form no 16 for filing tax return in india.
Need an basic salary structure with an easy tax saving inputs
Hi team i had few salary structure with me but i would request to please share a structure i need one basic salary structure for below 5lac which is non taxable and above 5lac salary structure which will have all the component which will help our employee for tax saving part. kindly help me share me a proper statutory salary structure. regards mohanty
How to structure the salary
In what ways the salary structure can be changed which a employee benefits from getting exempted from tax. if any one let me know the different components of salary which are exempt from tax can for part of a salary structure?
Request you to please help me structure my salary to save max tax legally
I am working in a it company and i am not able to understand the calculated tax deduction total 100000 inr in this financial yearbased on my salary. i also see my basic salary is very high with very little tax exempt components. i ask this to my hr but they are saying this is the best salary structure. what allowance/reimbursement can be added to save maximum tax legally. how to lower down taxable amount. i already exhaust 80c. i fully utilize home loan interest exemption i utilize 10000 rupees health insurance. please find attached herewith my salary structure and help me. appreciate your help. thanks
Tax benificial salary structure
Hi sir i need to suggest my company new salary structure.which is more tax benificial i need to kow how can i decide the different salary components percentage in bifucation in the gross salary. at present we are using below structure: basic 40 hra 30 sp all 30 conv all fixed 800 medical fixed 1250 please advice how i can use different components/allownace so that i can give more tax benifit to my employees thank you trupti