Please Reply Urgently???????

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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...!!!

 

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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