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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
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
Need inputs on redefining the ctc structure with non taxable components
Dear hr fraternity greetings of the day i am in process of redefining my ctc structure. the current ctc structure doesn t have tax saving component. the tax burden on the employee is high due to this structure. for the benefit of our employee i have decided to redefine the same by including tax saving components to reduce the current tax burden. i am attaching a sample ctc structure for 5 lacs containing both the current and proposed structure. i request the valuable inputs and feedback from the hr fraternity. the overall intention of this exercise is to help our employees save tax in legitimate way and can enjoy increased net take home salary.
Tax structure and pay slip
Hi all can anybody provide me with inputs about : 1 the present tax structure of employed individual i want to know details like after what amount of income he has to pay tax how much they can he save to avoid more tax etc. 2 format for a pay slip your help is deeply appreciated as i am in need of this very badly. thanks and regards madhuree
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?