Hi Sandhyarani
Generally there are following heads in salary structure
1) Basic (Normally 50% from the Gross Pay & not less than the Minimum wages act, Fully taxable)
2) HRA (Varies from Place to Place. All metro cities will have 40% & other cities it is 30%, If paid more than the limit then it is considered as taxable income)
3) Conveyance/Transport Allowance (Limited upto Rs. 800/- PM & above that is taxable)
4) Medical Allowance (Limited upto Rs. 1250/- PM & above that is taxable)
5) Special Allowance, Bones, Incentives etc you shall plan but all those are taxable only.
Debit heads are as follows
PT
PF
ESI
TDS
Loan Repayment
Salary Advance
Other Deductions