Suggestions Required For Ctc Break Up For 5 Lac - XLS Download - CiteHR
Masthan Ali
Senior Hr
Poojas988
Executive Hr
+3 Others

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Hi
I am new Form to the form
I require suggestions for the below mentioned details.
1. PFB the CTC break up . need suggestions so that its tax friendly
PARTICULARS YEARLY(In Rs.)
FIXED PAY
Basic 2,22,000
HRA 88,800
Conveyance 9,600
Medical allowances 15,000
Food Coupons 15,000
Special allowances 1,32,000
GROSS SALARY (A) 4,82,400
Performance Bonus 24,120
Leave Encashment 11,100
Cost To Company (INR) 5,17,620

2. The Company is basically a start up their is no PF component . Please suggestions how to go about it.
3. The company doesn't have PF component so need suggestions for tax savings
4. Suggestion Change in the pattern of CTC break so that its tax friendly and maximum in hand is received . As of Now complete Rs. 40,000 i am receiving in hand
5. The company is now planning to do TDS deductions . So shall i suggest the company to make deductions in one shot in the month of march or shall i request them to make deductions over the next 3 months (Jan,Feb,Mar)

Hello Arjun, Enclosed herewith salary break up with all tax saving components, The ctc is 43000 per month Thanking you, Regards, Ashish

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File Type: xls Book1.xls (29.0 KB, 655 views)

Ashish,
Thank you so much for Quick reply,
I have got few more clarifications .
As of Now my in hand salary Rs. 40,000 . The company doesn't want to change the in hand salary part .
So keeping the same into consideration . Please provide suggestions . PFA of the CTC break up details
And also Find the tax declaration form . Please suggest the tax saving options


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File Type: xls M-CTC break up.xls (23.0 KB, 666 views)
File Type: xls M-Tax Declaration Form.xls (43.5 KB, 220 views)

Dear Ashvan, can u show me a complete details about salary calculation and tax calculation for the gross salary of Rs. 30000/-
Dear Ashish, Hello.
Sorry to bother you but can you pls give more detailed comments? That is, why a particular amt is given under each header?
E.g. I understood why you have taken Rs 200 p.m. for education allowance. But according to my knowledge, medical allowance is non-taxable upto Rs 1250 p.m. So I am assuming as per your structure, medical allowance / reimbursements of relatives can be included upto a certain limit.
Will you comment further?

Hello Arjun, Enclosed herewith another break up near to your take home 40000Rs Thanking you Regards, Ashish

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File Type: xls Book1.xls (28.0 KB, 189 views)

Hi, Suggestions Required for CTC break up for 22 lac Dear Senior. Can anyone suggest me to do for the same. Regards Pooja
Hello Mr. Ali Enclosed herewith structure for 30000 gross salary, you can bifurcate reimbursements. Thanking you, Regards, Ashish

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File Type: xls 30000.xls (19.5 KB, 368 views)

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