Salary heads
This query is : Resolved
07 January 2017
For salary purpose How we bifurcate different heads and deduction mandatory as per income tax. please suggest me .
07 January 2017
1. Basic Salary, 2. DA , 3. Allowances e.g. HRA, LTA, Medical Allowance, Education Allowance, Transport Allowance etc. , 4. Perquisites e.g. Free Lunch, Food Coupons, Rent Free Accommodation, Car, Driver etc., Bonus, Commissions etc.
07 January 2017
Thanks your reply, can u share limits as per income tax for allowance which is taxable.
07 January 2017
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