Hi All,
I'm new to this group n i'm liitle bit confuse on how to use this. But still i want ur suggestion on some matters.
I'm working as a HR-Co-ordinator in a company and this is very small company. I am the only person in HR Department.
But the problem is not this, I want to redefine our salary break-up so that employee gets maximum tax rebate without any extra burden on employer.
our current salary structure is like this
Basic Salary
HRA
Tansport Allowance
Others
PF
but employees are not satisfied with this structur. as they say there may be a better way to get max tax rebate by restructuring salary break-up's
Please help me out if you have any suggestion for this
Looking forward for ur reply
Pooja
From India, New Delhi
I'm new to this group n i'm liitle bit confuse on how to use this. But still i want ur suggestion on some matters.
I'm working as a HR-Co-ordinator in a company and this is very small company. I am the only person in HR Department.
But the problem is not this, I want to redefine our salary break-up so that employee gets maximum tax rebate without any extra burden on employer.
our current salary structure is like this
Basic Salary
HRA
Tansport Allowance
Others
PF
but employees are not satisfied with this structur. as they say there may be a better way to get max tax rebate by restructuring salary break-up's
Please help me out if you have any suggestion for this
Looking forward for ur reply
Pooja
From India, New Delhi
hi, pooja mine is a MNC and our salary break ups are like this SALARY basic HRA PERSONAL PAY CONVEYANCE ALLOWANCE LTA REIMBURSEMENTS MEDICAL RETRIALS PF ESI BONUS ALL THE BEST REGARDS SANDHYA
From India, Delhi
2From India, Delhi
hi
Pooja
i have a little knowldge of salary break up
what i was follower
Basic + DA : 60%
HRA : 20%
CCA : 10%
other : 10%
U can calculat this way
Basic + DA : 60%
HRA : 20%
CCA (Travel all) : 20%
or
other : 10%
or give me ur id i wil forward to u
this id:
Reg
Nagendra
Hyderabad
From India, Hyderabad
Pooja
i have a little knowldge of salary break up
what i was follower
Basic + DA : 60%
HRA : 20%
CCA : 10%
other : 10%
U can calculat this way
Basic + DA : 60%
HRA : 20%
CCA (Travel all) : 20%
or
other : 10%
or give me ur id i wil forward to u
this id:
Reg
Nagendra
Hyderabad
From India, Hyderabad
Hi Sandhya, Nice to see ur quick reply but I’m looking for detail discription for the same. If you want i may specify u what i’m looking for. Pooja
From India, New Delhi
From India, New Delhi
Dear Pooja,
Probably you can add components like:
conveyance allow (tax free upto rs.800 per month)
Reimbursements with actual bills:
Medical bills
Books & Periodicals
Uniform maitenance allowance
and so on
Sashmita
From India, Delhi
Probably you can add components like:
conveyance allow (tax free upto rs.800 per month)
Reimbursements with actual bills:
Medical bills
Books & Periodicals
Uniform maitenance allowance
and so on
Sashmita
From India, Delhi
Dear Sashmita, What about FBT on the reimbursments you have mentioned here?Does it apply or not? Anu
From India, Calcutta
From India, Calcutta
Hi All Can u suggest me dat salary slip of every month is nesessary for future . Problem is dat where i m working ,my employer does not provide any salary break up and salary slip. Plz do the needful
From India, Kanpur
From India, Kanpur
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Typical salary breakup.jpg
Salary breakup format.xls