Re-structure salary to frame the tax friendly components

Hi all,
Can somebody please share the details on various tax friendly components. We required to re-structure our salary structure and wants to frame the tax friendly components.
Looking for your feedback....
Thanks & Rgds,
Sunil Kumar
9711120084

The follwoing are the limits in exemption in income tax for salaried person
Conv. All : 800 pm 9600 PA
HRA : 40% of Basic Salary in non metro
: 50 % of basic in metro cities (mumbai, kolkata, chennai, delhi)
Medical Reim: 1250 pm 15000 pa
PF 12 %
Child Eduction All: 200 pm 2400 pa
Medical insurance for hospitalization up 15000
LTA : Tax exempted once in 2 year.
Regards
Manas

hi...even I am looking for some other salary structures which are tax friendly as well and are being used extensively.

Hi,
I would likje to add, what Manas has duggested,
Sodexo Coupen = 1250 P.M.
LTA
Education = 200.00 p.m.
Regards,
Rajesh

Dear Sunil,
Please let me have your existing Salary Structure. I wll then advise you on how to make it more Tax Efficient.
Vasant Nair
09717726667