Deputy Manager Hr
Preeti Shetty

Thread Started by #Preeti Shetty

Currently the organization still follows a very simple salary structure. With employee salary hikes, it becomes imperative for the company to introduce a tax friendly structure. Please suggest an ideal salary structure to ensure maximum tax savings for employees

27th June 2014 From India, Thane
Here are my suggestions :-
Limit basic to 30-35% of package
Introduce the following components if not introduced :-
1. HRA
2. Conveyance
3. Children Education Allowance
4. EPF
5. Medical Reimbursement
6. Leave Travel Allowance
7. Medical Insurance
8. Meal Card
27th June 2014 From India, Bangalore
Do you want to withdraw PF without employer signature, your company is not ready to attest your form call me 09937894045
7th July 2014 From India, Gwalior
Increase the basic upto 50% which will in effect increase the HRA, PF contribution, terminal benefits. Pon
7th July 2014 From India, Lucknow
Reply (Add What You Know) Start New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2017 Cite.Co™