Dear Sir,
Kindly suggest best salary structure to pay minimal tax.
Gross salary is Rs 24 Lacs. Working in Delhi NCR.
Components covered under gross salary presently are Basic/HRA/Conveyance.
What other components can be added to have minimum tax liability.
From India, Gurgaon
Kindly suggest best salary structure to pay minimal tax.
Gross salary is Rs 24 Lacs. Working in Delhi NCR.
Components covered under gross salary presently are Basic/HRA/Conveyance.
What other components can be added to have minimum tax liability.
From India, Gurgaon
Gross Salary- 2 Lacs p.m
Basic- 50000
HRA- 25000
Conveyance- 1600
Medical- 1500
Sp Allowance- 121900
Basic should be less because we have to refund EL'S on the basis of Basic.
Tax liability can be reduces if u can some of the amount as a conveyance.
From India, Delhi
41Basic- 50000
HRA- 25000
Conveyance- 1600
Medical- 1500
Sp Allowance- 121900
Basic should be less because we have to refund EL'S on the basis of Basic.
Tax liability can be reduces if u can some of the amount as a conveyance.
From India, Delhi
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Other components of Manual.zip
Components of Basic Wages.pdf
SALARY CAN BE SPLIT INTO COMPONENTS BUT NOT LESS THAN THE MINIMUM WAGES.docx