I recently received an employment offer. I request members to offer their advice on how to make the current salary breakup more tax-efficient so that my take-home salary is the highest. I am a Senior Citizen (No Tax Up to 2.4 Lakhs).
In place of a special allowance, you can ask for a club allowance to the tune of Rs. 100,000 per annum, which will be exempted from tax if you provide proof or a receipt from health clubs or holiday clubs.
Regards,
R. Ponraj
From India, Lucknow
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