Dear Frnds,
My Pvt Ltd . Company ask me to tell the right component of a salary package..
He told me that One of their VP-Sales will get 26.00 Lacs CTC.
So how they shd bifurcate his salary ..... Please advise...!!!
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Please Reply Urgently???????
Replies (2)
Basic 50%
HRA 25%
Conveyance/medical/LTA 1%
Bonus 12.5%
EPF 4.5%
Special Allowance 7%
That is Standard Format but I want to add perquisited on which no Income Tax Liability arise for that person please suggest????
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