Dear Sir,
Kindly suggest best salary structure to pay minimal tax.
Gross salary is Rs 24 Lacs. Working in Delhi NCR.
Components covered under gross salary presently are Basic/HRA/Conveyance.
What other components can be added to have minimum tax liability.
Cite.Co is a repository of information created by your industry peers and experienced seniors made possible with help from our prime sponsors like:

TALENTEDGE Who provide a platform for "interactive anywhere learning". Courses from top reputed institutes like IIM, XLRI, MICA. View Courses

FACTOHR - Provides Customised Payroll, GPS Enabled Attendance, Travel, Performance Management, HRMS that can help streamline your organisation. Explore Features

Register Here and help by adding your inputs. Contributions From Other Members Follow Below...
Gross Salary- 2 Lacs p.m
Basic- 50000
HRA- 25000
Conveyance- 1600
Medical- 1500
Sp Allowance- 121900
Basic should be less because we have to refund EL'S on the basis of Basic.
Tax liability can be reduces if u can some of the amount as a conveyance.
Dear Ms Upasana,
Thanks for your revert, here I have two queries;
1) what would tax slab if we consider salary break up as shown by you.
2) what would be take home salary with this break up.
Please clarify on above two points.
Regards.
Add Reply Start A New Discussion






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2019 Cite.Co™