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What are the general components of salary in India?





 

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  #51  
21-12-2007, 02:15 PM
Join Date: Dec 2007
Location: Kochi
Re: What are the general components of salary in India?
Hi Expertisee's,
Can anyone please let me know what are the tax percentage and tax limit amount for all the salary component list.....

Regards,
Suresh Gopu
  #52  
21-12-2007, 03:36 PM
Join Date: Dec 2007
Location: Ahmedabad
Re: What are the general components of salary in India?
Rs. 15000/- medical reimbursement company has to pay FBT on it?
  #53  
27-12-2007, 01:34 PM
Join Date: Dec 2007
Location: Kochi
Re: What are the general components of salary in India?
Thanks Mittal it would be great if i get the complete list for all the components
  #54  
30-03-2008, 11:50 AM
Join Date: Nov 2007
Location: Delhi
Re: What are the general components of salary in India?
hi taruna

Basic ( 40 %)
HRA (50% or 40% as case may be)
Medical Allowances
Conveyance Allowances (800pm max)
Special Allowances yes it is fully taxable if it not specified, it is only exempt under section 10(14) to the extent the amount is utilised for the specified purpose for which allowance is received.

Hope this is clear

Cheers
Prashant
Manager - HR


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  #55  
30-03-2008, 11:52 AM
Join Date: Nov 2007
Location: Delhi
Re: What are the general components of salary in India?
hi taruna

Basic ( 40 %)
HRA (50% or 40% as case may be)
Medical Allowances
Conveyance Allowances (800pm max)
Special Allowances yes it is fully taxable if it not specified, it is only exempt under section 10(14) to the extent the amount is utilised for the specified purpose for which allowance is received.

Hope this is clear

Cheers
Prashant
Manager - HR
  #56  
03-04-2008, 10:18 PM
Join Date: Apr 2008
Location: New Delhi
Re: What are the general components of salary in India?
Rs.15,000 medical reimbursement is non taxable to the employee if bills are produced but at the same time company has to pay FBT on it.
  #57  
04-04-2008, 12:03 AM
Board Moderator
Join Date: Apr 2007
Location: Chennai
Re: What are the general components of salary in India?
Interesting, informative information, Only CiteHR colleagues can contribute
  #58  
24-04-2008, 11:52 PM
Join Date: Apr 2008
Location: Delhi
Can anyone tell about CCA allowance
  #59  
02-07-2008, 12:40 AM
ka
Join Date: Mar 2008
Location: gurgaon
Hi, all!!
Cud anybody tell me components of basic salary.

Regards,
kavita grewal
  #60  
06-08-2008, 02:16 PM
Join Date: Jul 2008
hi
i have doubt on LTA.
is it up to 15000 pa is nontaxable or actuals incurred in 2 journeys in a block of 4 years.
plz reply ,,..

regards,
gaurav

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