How Can I Restructure My CTC for Better Take-Home Pay and Tax Efficiency?

Hi, I am working for an MNC and recently joined the company. I need help with calculating the CTC breakup with 50% as Basic, 30% as HRA, and 40% as the CTC amount, which is 5.8 and 2.4 lacs per annum.

I would like suggestions on changing the CTC breakup pattern to be more tax-friendly and ensure maximum take-home pay.

The company is now planning to deduct TDS. Should I recommend the company to make deductions in one go in March or suggest deductions to be made each month?

Hi,

It is advisable to maintain the same standard format across the organization and period. For your reference, I am sharing one document for CTC breakup.