How to Structure the Salary

AnandR · 08-05-2007, 04:38 PM

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?

eafil.hr · 08-05-2007, 04:47 PM

Hi!

look total CTC could be distributed in tow component like Fixed and Variable. Fixed could be upto 40% of the total CTC and rest of the 60% could be put under the variable part under differnt heads of reimbursements like petrol, telephone, cellphone, driver's salary, atire allowance, entertainment allowance.

hope this clarify incase u need more clarity..

pls revert.

wishes
EAFIL

desaiankit · 09-05-2007, 11:17 AM

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hope this helps.

-ankit