Hi
Can anyone please explain me what is "Flexi Basket" component of the salary and what would be the taxation rules applicable on this component?
Shivansh Kumar ( ) (184 Points)
06 August 2014Hi
Can anyone please explain me what is "Flexi Basket" component of the salary and what would be the taxation rules applicable on this component?
Tax Care India
(https://www.taxcareindia.com)
(39 Points)
Replied 30 August 2014
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It can be used for HRA, LTA, Medical, Transport, Food, Phone, Internet etc ...allowance as per employee need. You are free to design your own salary structure based on existing rules and maximize take home. Thanks, Tax Care India https://www.taxcareindia.com Originally posted by : Shivansh Kumar |
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Hi Can anyone please explain me what is "Flexi Basket" component of the salary and what would be the taxation rules applicable on this component? |
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