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Salary structure in india
Hello i need a help on salary structure in india. i means basic tax deductions. like professional tax pf etc please provide me a clear structure lets say an employee gets 20000/ as salary what will be his in hand salary after all deductions. please help me out.
Tax structure in india!!!!
Tax in 1 qus. : what are you doing? ans.: business. tax: pay tax :lol: 2 qus. : what are you doing in business? ans.: selling the goods. tax: pay tax :lol: 3 qus. : from where are you getting goods? ans.: from other state/abroad tax: pay tax duty & 4 qus. : what are you getting in selling goods? ans.: profit. tax: pay tax 5 qus. : where you manufacturing the goods? ans.: factory. tax: pay duty 6 qus. : do you have office / warehouse/ factory? ans.: yes tax: pay & fire tax 7 qus. : do you have staff? ans.: yes tax: pay tax 8 qus. : doing business in millions? ans.: yes tax: pay tax 9 qus. : are you taking out over 25000 cash from bank? ans.: yes for salary. tax: pay cash tax 10 qus. : where are you taking your client for lunch & dinner? ans.: hotel tax: pay food & tax 11 qus. : are you going out of station for business? ans.: yes tax: pay tax 12 qus. : have you taken or given any service/s? ans.: yes tax : pay tax 13 qus. : how come you got such a big amount? ans.: gift on birthday. tax: pay gift tax 14 qus. : do you have any wealth? ans.: yes tax: pay tax 15 qus. : to reduce tension for entertainment where are you going? ans.: cinema or resort. tax: pay tax 16 qus. : have you purchased house? ans.: yes tax : pay duty & fee 17 qus. : how you travel? ans.: bus tax: pay 18 qus. : any additional tax? ans.: yes tax: pay & on all the s tax 19 qus. : delayed any time paying any tax? ans.: yes tax: pay & thanks payal
Latest information on food coupons - income tax department circular about food coupons maximum value?
Hi friends i have a query regarding the tax limit on sodexo/food coupons for claiming income tax benefits. i know that earlier we could issue up to 30000/ per annum maximum rs. 100/ per day but recently the income tax department was given a circular about food coupons stating that the value of food coupons has decreased. actually i don t know how much value they have decreased. hence i request that everyone clarify my doubts regarding the same. i would be very very happy if someone gave me detailed information about food coupons with the latest amendments from the income tax department. regards sravan
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
Ctc structure for saving income tax - employees are complaining about the tax liability because of the structure
Dear seniors & colleagues please see the attachment & advise if the structure is correct. i want to revise ctc structure of employees as they are complaining for the tax liability because of the structure. i have talked to ca also according to them its fine but i have doubt about pt part that can we include pt under annual components of ctc structure or not ? please suggest its really urgent.... regards shikha jain
Service tax on food item
Dear all could anyone tell me what is the rete of service tax on food items. also tell me what is the of service tax and educational cess. thanks & regards debajyoti