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Salary Breakup
Is it mandatory to have a salary breakup like basic, hra , allowance etc. or it can be lumsum. If break up necessary what is the minimum break up
Replies (2)
Get form 16 from employer there you will find out the salary break-up
Breakup is required for claiming appropriate deductions/exemptions while filing the the Income Tax Return. Eg: HRA, Food coupons they all will be exempted from tax.
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