Salary
This query is : Resolved
16 June 2016
how should I design salary structure of employees so that they have to pay minimum tax..? mostly falls under 30% tax bracket.
17 June 2016
Hi Anjali
Please include the following components in the salary to minimise the incidence of tax on the employee:
1. House rent allowance
2. Fuel reimbursement
3. Driver reimbursement
4. Medical reimbursement
5. Transport allowance
6. Telephone bill reimbursement
7. Leave travel allowance
Please let me know if you need any clarifications.
Thanks
Nitin
Please include the following components in the salary to minimise the incidence of tax on the employee:
1. House rent allowance
2. Fuel reimbursement
3. Driver reimbursement
4. Medical reimbursement
5. Transport allowance
6. Telephone bill reimbursement
7. Leave travel allowance
Please let me know if you need any clarifications.
Thanks
Nitin
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