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Maximum limit of tax exemption in hra
Hi i just wanted to know is there any maximum limit for tax exemption in hra. can we get tax exemption for above one lakh hra. i heard that one lakh is the maximum amount we get tax exemption through hra. please clarify.
Need salary ctc salary breakup for rs.4.5lakhs
Hi please help me in framing a ctc salary breakup for rs 4.5 lakhs per annum which benefits maximum take home salary & maximum tax benefits to employee. also pls note the percentage taken on for each head for eg basic hra pf esi ltv etc. also pls include the tax exemption ceiling of each head. the break up is for unit sales manager designation in a private microfinance industry regards thomas
Tax exemption for medical reimbursement
Hi i work for a company that doesnt provide salary slip as a custom. i think the salary components are basic hra & lta. i wanted to know that can i still submit medical expense slips for tax exemption purpose? thanks in advance. regards
Best tax saving salary break up
Hi all i have joined a firm where the salary is given as a lumpsum figure. the hr says u can design the break up urself as per your requirement. kindly give me a break up accordingly so that i can save maximum tax for a figure say 6.00 lacs pa talentjob4megmail.com
Salary break up
Hello every one... can anybody please tell me different break up for different salary slab. with more of tax exemption and can i add exgratia component as a part of monthly salary in compensation details...we have deductions for pf nad esic also.hope for the quick response as its urgent..thanks
Components of a salary slip
Hi this is shruti. i am currently helping my husband in his architecture firm. he has 6 employees. till now no ones salary actually goes beyond the tax bracket hence we have not given them any kind of salary break up like basic/conveyance etc. we do provide salary slips to them in which their entire per month salary has been shown as basic salary. wanted to know if this practise is correct. in future if our employee size becomes 20 will this create a problem for pf calculation? also if none of the employees come under the tax bracket is it still advisable to provide them with some kind of salary break up.