Hi, I am new to this forum. I want to know how we can break up a salary of Rs. 20,000 (without PF) so that there won't be any TDS, i.e., the salary and take-home pay should be the same. Can anyone please help me out?
From India, Delhi
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From India, Delhi
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To structure a Rs. 20,000 salary in a way that avoids TDS in Delhi, India, you can consider the following breakdown:
1. Basic Salary: Rs. 10,000
2. House Rent Allowance (HRA): Rs. 6,000 (if applicable)
3. Conveyance Allowance: Rs. 1,600
4. Medical Allowance: Rs. 1,400
By structuring the salary in this manner, you can ensure that the salary and take-home pay remain the same without any TDS deductions. It's important to consult with your HR department to ensure compliance with applicable tax laws and regulations.
From India, Gurugram
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541. Basic Salary: Rs. 10,000
2. House Rent Allowance (HRA): Rs. 6,000 (if applicable)
3. Conveyance Allowance: Rs. 1,600
4. Medical Allowance: Rs. 1,400
By structuring the salary in this manner, you can ensure that the salary and take-home pay remain the same without any TDS deductions. It's important to consult with your HR department to ensure compliance with applicable tax laws and regulations.
From India, Gurugram
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