Hi, I need few options for tax benefits for Employee and Employer.
We are planning to give few benefits to our employee. But it should be beneficial to us (Employer) as well.
Please suggest, what are the options we can use or we can include in Employee's CTC?
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Th major 4 employee benefits, many of the employer offers includes
- Medical Insurance
- Disability Insurance
- Life insurance
- Retirement Plans
Other employee benefits includes in CTC:
- Basic
- Dearness Allowance (DA)
- Incentives or bonuses
- Conveyance allowance
- House Rent Allowance (HRA)
- Medical allowance
- Leave Travel Allowance or Concession (LTA / LTC)
- Vehicle Allowance
- Telephone / Mobile Phone Allowance
- Special Allowance
- Performance bonus
- Overtime pay
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