What is the salary structure good for employee

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Rajbeer (Querist)

29 September 2015 Hi every one

Can any body tell me what is the good salary structure of an employee getting Rs 1 lac per month in hand and what are the tax benefits provide to the employee.

Amol S Joglekar

Amol S Joglekar (Expert)

29 September 2015 Simple is always the best.

You can take benefits of
HRA, medical allowance, transport allowance to suit your appetite

Rajbeer

Rajbeer (Querist)

29 September 2015 Thanks for the reply Amol. Can you tell me about the deduction of 80 which we can suggest them to invest their for tax benefit.

Amol S Joglekar

Amol S Joglekar (Expert)

29 September 2015 80 C has different different options to suit the apetite of the investor.
LIC, PF, Voluntary PF, PPF, NSC, Housing loan repayment and so on

Rajbeer

Rajbeer (Querist)

29 September 2015 But we can take deduction of Rs 150000/-in 80-C. Apart from 80-C what we can suggest them to invest for not for tax deduction.

Amol S Joglekar

Amol S Joglekar (Expert)

29 September 2015 mutual fund would be a good avenue.

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