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Salary structure

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 June 2015 Dear All ,
I want to know the Best Salary Structure for a small and big IT company which is useful from both point of view Employees and company means which give maximum tax benefit to employees and which minimize the Company Legel provisions like EPF & ESIC?
Currently we are providing Basic : 25 % HRA : 25 % Transport Allow : 10 % Medical Allow : 15 % Other Allow : 25 % Is this structure is fair or needs to do any changes in this plz give your's valuable suggestion .

Thanks in advance

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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
15 June 2015 See the link.
http://taxguru.in/income-tax/must-have-components-in-your-salary-to-minimise-tax-burden-for-financial-year-2010-11.html

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