How to fix salary breakup for cbsc school
i.e if gross 26000, how much BASIC,DA,HRA
S.RAJASEKARAN (ACCOUNTANT) (56 Points)
30 June 2015How to fix salary breakup for cbsc school
i.e if gross 26000, how much BASIC,DA,HRA
Kumar Gaurav
(Going...to be C.A soon...)
(1624 Points)
Replied 30 June 2015
Hi
There is a general practice to fix the salary break up in such a way so that minimum tax liab. arises-
Basic- 11700/-
HRA- 5850/- (for metro city)
DA & other allowance ie: Spcl. allowances- 8450/-
Other combinations can be fixed
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