Income tax saving

This query is : Resolved 

30 October 2012 Dear Sir/Madam,
I to want propose a salary structure for a mid sizes organisation which should contain perquisites. The organisation has 4 grades T1, T2, T3 and T4.
the CTC of the 4 grades are as follows:
T1- 59,38,000/-
T2- 31,26,000/-
T3- 27,22,000/-
T4- 10,95,000/-

Kindly send me the salary structure of these four band with "perquisites break up" in excel sheet so that i can learn the break up and calculation process.


30 October 2012 Its Require a Lot of Workings.
You Have to Go Through Salary All Perquisite & Allowances So That You Can Understand Better.
Because It Depends on Lots of Buts & If.

So You Have to provide Full Details Then Only One Can Give you Working After Devoting Lot of Time.


Regards,
CA Ayush Agrawal

30 October 2012 What kind of details are required?????

30 October 2012 Like What about House, Is Companty Providing House.
Conveyance etc and Lots of Information.
So That One Can Adjust by Gathering All info Only.

Since in Salary, There are Lots of Allowances & Perquisite Depends on Company Policies.

30 October 2012
This is the present salary structure of T1 band

Salary Components Annual (INR)
Basic 2,298,316
House Rent Allowance 919,326
Leave Travel Allowance 229,832
Special Allowance 771,778
Perqusite* 502,000
Sub Total 4,721,251
Retirals
Provident Fund Company Contribution 275,798
Gratuity 110,319
Sub Total 386,117

Total Fixed Compensation (1) 5,107,368
Variable Pay Potential** 831,432
Total Variable Compensation (2) 831,432

Total Cost to Company (1+2) 5,938,800

I want to change it.

30 October 2012 This Can be Done by Discussing With Some Consultant.Side by Side.

30 October 2012 So how can i do that?

30 October 2012 Consult one Income Tax Consultant.

Because This Thing Cant Conclude on Simplly in Writting.
From Where You are?


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