Salary structure to minimise tax liability


This query is : Resolved 

(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.

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.

07 January 2008 Besides above suggestion all incentives may be given as in way of reimbursement.only FBT will be payable.

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


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