Break up of Salary

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 May 2010 Dear All,
My CTC is Rs.12 Lacs and the company doesn't have a good break up of salary. So they ask me to advise them the break up of CTC. Please advise me the break up so that I'shall be able to pay minimum tax and the TDS is minimum.I stay in Pune.

Thanking you all.

08 May 2010 You can take

1.Basic
2.HRA
3.Transport allowance
4.Children education allowance
5.Hostal expenses allowance
7.Uniform allowance(if uniform provided)
8.Conveyance allowace (for offical purpose)

Perks
1.Car facility
2.LTA
3.Medical reimbursement
4.Food facilites

08 May 2010 See if you live in rental house then take HRA.
transport allowance is allowed till 800/- p.m.
children education allowance
medical reimbursement till 15000/- is exempt on providing bills.
telephone, petrol reimbursement is also non taxable on providing bills.


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