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Salary structure to minimise tax liability

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(Querist)
05 January 2008 I need suggestions regarding drafting of salary structure to minimise tax liability i.e. an employee-friendly salary structure. Gross salary varies from 8-20 lacs per annum.

Please give your suggestions.
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B L GUPTA

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B L GUPTA (Expert)
06 January 2008 MAKE USE OF PROVISIONS RELATED TO H R A, LTCs, RENT FREE/CONCESSIONAL RENT ACCOMODATION,MEDICAL REIMBURSEMENT PROVISIONS,FREE CONVEYANCE ETEC.
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CA Anil Jain

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CA Anil Jain (Expert)
07 January 2008 Besides above suggestion all incentives may be given as in way of reimbursement.only FBT will be payable.



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A. Gupta

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A. Gupta (Querist)
08 January 2008 Thanks to both of you. I am also working on the same pattern.

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