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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

From India, Bangalore

Attached Files
File Type: xls Book1.xls (27.0 KB, 1408 views)

Hi Shikha, I did not understand why you’ve not kept PT part under monthly deduction but only under Yearly part. Rest is OK. Regards, Neeraj K. Singh
From India, Mumbai
Basic can be 40% of basic for non-metros & 50% for Metros. The basic shall not exceed 40% of CTC. Fuel reimbursement can go upto 20,000/ p.m. Regards R.Ponraj
From India, Lucknow
Really it would be very helpful, if sends the IT calculation formulae Regards, AVGN Vara Prasad
From India, Kakinada
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