Hr Officer
Human Resources
+1 Other

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....
Shikha Jain
12th June 2009 From India, Bangalore

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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
12th June 2009 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
12th June 2009 From India, Lucknow
Really it would be very helpful, if sends the IT calculation formulae Regards, AVGN Vara Prasad
15th June 2009 From India, Kakinada
Very helpful advice in this particular post
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