Best Breakup For A Salary Of Rs. 50000 CTC/Month

achauhan72@hotmail.com
Can anyone urgently suggest the best Breakup for a salary of CTC 50000, in order to save tax
My present breakup is Basic 28145
HRA 15480
Children Education 1200
Please suggest
navneet.mohan02@gmail.com
Can Anyone Urgently Suggest The Best Breakup For A Salary Of CTC 50000, In Order To Save Tax kindly do it on urgent basis
mail8013
Hello Achauhan, your existing breakup does not total to 50,000/- per month by adding the 3 components that you have furnished (and including 12% PF).
Can you give the remaining component details ?
Regard, A.B.
mail8013
Hello Navneet,
There are some details required to devise a tax friendly CTC structure.
1) Where do you stay (which city) ?
2) Do you stay in a rented accomodation ? If yes, how much rent do you pay monthly ?
3) Do you have a housing loan ? If yes, how much is the interest payout per month ?
Once you furnish the answers, we can work out a structure which will tentatively help you save paying more tax. It can result into nil tax if you are in a position to do the investment u/s 80C and the mediclaim for self & parents. There is an LTA component which too can help you.
Cheers, A.B.
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