05 July 2010
I am unmarried male going to join new job . my salary is 15000/- per month (180000/- p.a)
Q.1) how i have to make my salary structure so i can save tax ( i mean how much i have to get as a Basic, Transpotation Allowance, etc.) i want to get zero tax salary.
Q.2)is pf,esic is statutorily deductable from my salary ?
Q.3) can i get hra exemption benefit on base of leaving in father house ?
05 July 2010
If you avail Transport allowance Rs.800 and HRA your income will come under below the tax limit and Sec.80C you can opt PF also will helpful
PF - Applicable, ESI since present limt is Rs.15000 so applicable for you
You can claim Rent paid to father as HRA provided your father also showing income from house property