Hi Shreyas, can you suggest the best breakdown of my CTC to maximize my take-home income and minimize the tax impact? My CTC is 3.56 lakhs per annum. The components allowed are:
- Basic
- HRA
- Transport Allowance
- Medical Amount
- Special Allowance
- Washing Allowance
- Sodexo (1300 & 2600 rs. variants only)
- LTA & PF
Could you also advise if the Transport Allowance, Medical Amount, and Washing Allowance are tax-free or not?
Thank you,
Regards
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From India, Mumbai
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- Basic
- HRA
- Transport Allowance
- Medical Amount
- Special Allowance
- Washing Allowance
- Sodexo (1300 & 2600 rs. variants only)
- LTA & PF
Could you also advise if the Transport Allowance, Medical Amount, and Washing Allowance are tax-free or not?
Thank you,
Regards
[Email Removed For Privacy Reasons]
From India, Mumbai
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Hi, Sandeep Basic & special allowance is depend upon what type of your co. For Ex. steel, Pharma, Construction etc. Medical & LTA allowance u can give 15,000/- each per annuam which is tax free
From India, Mumbai
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From India, Mumbai
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