Re: Salary Break Up For Tax Saving

Hi!
Can anyone provide me with a salary structure where in maxamium of tax savings can be done. Thank U.
Chitra

Hi!
Thank u very much these very really useful documents. But our structure already includes Basic, HRA, Conveyance, Medicals, Updates, Education, Bonus, PF and PT apart from these are their any most important components by including which there could be tax saving.
Thank U
Chitra

HI,
If you want you can include Meal vouchers, Club, and petrol reimbursement. But company will have to pay FBT on that. these components are tax free for employee.
Kailash @ TopSource
www.topsource.in

HI,
My ctc is 550000 lac per annum
Can anyone provide me with a salary structure where in maxamium of tax savings can be done.
Pls provide me the salary structure with max tax saving
my email is [Login to view]
you can send it to me ASAP.
Regards,
Amrit Singh Pathania

HI,
My ctc is 330000 lac per annum
Can anyone provide me with a salary structure where in maxamium of tax savings can be done.
Pls provide me the salary structure with max tax saving
my email is [Login to view]
you can send it to me ASAP.
Regards,
Amrit Singh Pathania

basic 30 % of CTC
HRA 40% or 50% of basic
CCA 30%
Conveyance 800/-
Medical 1250./-
childrence allowance 200/-
LTA 10% of CTC
PF contribution 12%
special allowance rest of amount
manoranjan

Thanks for answer manoranjan ,
What CCA Stands for and 30 % of which amount and how much is taxable
LTA 10% of CTC: How much is non taxable .
Pls let me know the structure in excel sheel.
Regards,
Amrit Singh Pathania

Hi All,
I am still waiting for your reply
"What CCA Stands for and 30 % of which amount and how much is taxable
LTA 10% of CTC: How much is non taxable .
Plz provide excel sheet for graduaty calculation and ( i think cca menas city compensatory allowance) what is the limit of non taxable cca, can a person get both cca and convence allowance"
is medical allowance component is a part of FBT, if yes then what %?
Pls let me know the structure in excel sheel.
Regards,
Amrit Singh Pathania

Hi Buddies,
My brothers salary pay is structured as follows
Basic salary 10,100
Varible Dearness Allowance 8,019
Productivity allowance 3,710
City Compensatory allowance 300
Special compensatory allowance 1215
HRA 3030
Education allowance 350
Conveyance allowance 550
Allowance Total 27,294
Bonus 10,641
Total 37,935/ month
Now my query is how do he get maximum tax saving, which are the fields he need to invest to get maximum tax savings what are options available in the market which gives maximum tax saving. If he does not invest how much will be deducted per annum from his salary. Please calculate and let me know. Hope to hear from you soon.
Thanks,
AJITHAA HASAN