Hi, I have just received my offer letter. I will be joining in August. In my offer letter, I have something that reads as CHOICE PAY, which constitutes a significant portion of my compensation. Can someone please explain what this comprises and what it actually means?
From India, Madras
Acknowledge(0)
Amend(0)
From India, Madras
Acknowledge(0)Amend(0)
Choice Pay is nothing but what we refer to in our company as flexible pay, which is a part of your total package. These days, there is a system of giving the benefit of choice pay to the employees so they may plan a particular part of the salary in order to save income tax.
Chennai. Ibrahim
From India, Hyderabad
Acknowledge(0)Amend(0)
35Chennai. Ibrahim
From India, Hyderabad
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Circular No 1-2018 Processing of income-tax returns under section 143(1) of the Income-tax Act .pdf
Latest gujarat 6 pay modified.xls