Thread Started by #fullcolonel

We are a manufacturing company in Bangalore. Kindly advise us the bifurcation method of CTC for our employees (Basic+HRA+Conveyance+medical+special allowance) etc., also please highlight on Income Tax saving salary structure for our employees who come in the purview of income tax.
15th November 2015 From India, Bengaluru
The salary structure seems ok.
1. Since those paying rent can avail HRA deduction as per income tax rules.
2. Deduction for Conveyance is available upto Rs. 800/- p.a.
3. Medical allowance deduction upto Rs. 15,000/-is available subject to provision of medical bills by employees.
15th November 2015 From India, Pune
how can we calculate salary for off roll employee, if the company is not providing PF .
The company is deducting 10% TDS only.
Thanks & Regards
21st February 2019 From India, Delhi
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™