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What part of salary is taxable?
Dear all i want to know that which part of salary break up i.e. basic hra da allownces etc is taxable..? on which amount employee has to pay tax.? does higher basic leads to higher tax? how to minimize the amount paying as a tax? please do help. regards neha varma
What allowances are taxable? what are non-taxable allowances?
Its been for long time i m breaking my head on it. whats the limitation for male/female employees? what allowances are taxable? what are nontaxable allowances. if for e.g. i have to pay an average of rs.1000/ p.m for it for how much i should submit bills. what is form 16 and its benefits. i have seen lot of income tax calculator which helped to locate the amount to be paid still i cant get a clear picture. pls explain in detail. anticipating ur valuable reply anoop
Salary structure modification
Dear seniors actually ours is a construction company we follow the following pattern 50 hra 25 da 15 10 i want to the in such a way that more in the pay can any one me the i can find the & non in the pay if any one is the soft copy also do mail me at vasavibuddepugmail.com thank you very much for spending a couple of minutes for reading this.
Could anyone plz tell me something about net pay
Hello i recently got an offer of employment and the compensation structure is a bit confusing to me as they didn t specify the net please explain me about the components of a typical pay structure wat r the taxable and non taxable components and how to save it. many thanks in advance..
Salary heads - taxable & non taxable
Hiii.... we are in process of salary restructuring which will help the employees to minimize their tax liability. i would appreciate if anybody could provide me with the list of salary heads which are taxable and non taxable thanks & regards sweta
Taxable components in the salary
Hi please someone tell me as to what are the taxable & nontaxable components in the salary. my company offers fixed salary to the employees in which only tax deduction is done. it includes the following 1. basic 2. hra 3. trans. allowance 4. medical reimbursement of rs. 1200 which of these items are taxable & also tell me the taxation limits etc. thanks & regards arushi