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SALARY STRUCTURE

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This query is : Resolved

Ram Sakal Mahto (Querist)

22 April 2010 SIR WE HAVE TO STRUCTURE SALARY FOR THE YEAR 2010-11, I WANT TO KNOW THE BASIC STRUCTURE OF SALARY WHICH IS BE CORRECT.

WITH CORRECT PERCENTAGE, IN OUR ORGANISATION EMP SALARY VARY FROM 5000 TO 50000 TILL FURTHER WE HAVE TO DEDUCT TDS FROM THEIR SALARY.

AT PRESENT OUR ORGANISATION IS NOT REGISTERED IN PF AND ESI.

NOW NO. OF EMP IS 15 IN WHICH ABOUT 4-6 EMP 'S SALARY IS ABOUT 5k AND ALL OTHER ARE ABOVE 12K,

WE HAVE TO MAKE SALARY STRUCTURE SO THAT WE MAY DEDUCTED TDS ABOUT NEAREST AMOUNT AND MAXIMUM TAX SAVING OF EMP.

THANKS

RAM

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)

23 April 2010 Based on the company policy you can make the salary structre. it may contains, Basic pay, HRA, Trasnport allopwance , children education allowance, hostel expenses allowance, medical reimbursement,LTA,

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