Salary Structure Modification

Dear Seniors,
Actually ours is a construction company, we follow the following pattern
BASIC ---- 50%
HRA -----25%
DA -----15%
OTHERS -----10%
I WANT TO MAODIFY THE STRUCTURE IN SUCH A WAY THAT MORE NON-TAXABLE ITEMS INCLUDE IN THE PAY STRUCTURE.
CAN ANY ONE SUGGEST ME THE BOOKS WHERE I CAN FIND THE TAXABLE & NON TAXABLE ITEMS IN THE PAY STRUCTURE.
IF ANY ONE IS HAVING THE SOFT COPY ALSO PLEASE DO MAIL ME AT [Login to view]
Thank you very much for spending a couple of minutes for reading this.

Dear Vasavi,
for getting acquainted with the taxable/non-taxable items in the salary structure, go through the book of Income Tax which gives special emphasis on "Income from salary". you will get such books easily in the book-shops.
srihari rao

Dear Srihari,
Thank you very much for your suggestion.
I will find out the book & revise.
If you find any other books related to pay structure & performance appraisal please do inform me

Dear Vasa..
You may follow this salary structure also..
The contents of the salary break up is as below, you can prepare it at the suitability of your own.
Basic - 40%
HRA - 50% of Basic
CCA - rs. 825/- as exempted from Taxes
Other Allowance
Medical Allowance of rupees 1250/- exempted from taxes
Mobile Reimbursement / Month
Gross Per Month = Sum of all the above.
Hope now it will be very much clear to you,
if you have any query feel free to ask.
Regards,
Amit Seth.

Dear Amith
thank you very much for the information shared.
Can you just suggest me any book where i can get the components of the salary which are exemped from taxes.
because my MD will not accept the things until we show the proof.
If you have a soft copy also just mail me at
[Login to view].

hi ammit
this is raghavender from hyderabad iam a frequent visitor of citeHR your postings r nice good
i had my MBA (HR) from OU presently working as office admin iam searching for a HR exe job but i couldn't find please help whether i shall continue in admin field or HR generalists
can any body help regarding

with regards
Raghavender

Hi Raghvendra,
Thank u so much for such a nice appreciation..
See.. in my view, if you have done MBA in HR then go with HR profile.. you are in the beginning of your career, so you may get chance to switch.. otherwise after some period of time it will become difficult for you to switch in HR profile..
So, better register yourself with some leading Job portals and with the consultancies even..
Even you can see that so many openings are coming at citehr portal also.. so just contact them.. definitely you will get a good opportunity.
Wish You All D Best..
Regards,
Amit Seth.

you can have the following components like
Personal development allowance
location allowance
conveyance allowance which are non taxable

Hi,
You can include medical reimbursements, books and periodical reimbursement, uniform allowance, helper/secretary fee reimbursements, e.t.c.
Rgds,
jancy

You can include helper/secretary reimb, medical reimb, books &periodicals reimb, attire/unifrom maintenance reimb, business promotions...
Rgds,
jancy