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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
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Quick Summary
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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