Salary Structure For Tax Saving

CA. BIJENDER KR. BANSAL (ACA, B.COM) (8118 Points)

03 May 2011  

 

 

Details

Amount

Details of Salary Break up

Basic ( 35% of package)

37933

With salary

HRA

15173

With salary (Non Taxable)

Convenyance Allowance

800

With salary (Non Taxable)

Additional HRA

5690

With salary

C.C.A.

5690

With salary

Production Allowance

7587

With salary

Children Education Allowance

200

With salary (Non Taxable)

Car Allowances

11380

With salary

Washing Allowance

500

With salary

Sub Total (A)

85111

 

Medical Reimb

1250

Non Taxable

LTA

3160

Non Taxable

Magazine

1000

Non Taxable

Car Maintenance

11380

Non Taxable

Soft Allowances

1897

Non Taxable

Attair

3793

Non Taxable

Sub Total (B)

22480

 

PF

780

12% of Basic up to 6500

ESI

0

 

SubTotal (C )

780

 

Adhoc Allowance

Sub Total (D)

158

with salary

Total Per Month (A+B+C+D)

108380

 

Total Per Annum

1300560

 

OTHERS

 

 

1. Leaves : Earn -15, Casual -7, SL -8

 

 

2. Hospitalization Medical Family Insurance of2,50,000 Per Annum

 

3. In addition to above , you will be provided a company car with driver for official purpose & the Petrol

expenses will be reimbursed to you on actula basis.

 

 

4. You will be provided Mobile Phone by the company for official use with the maximum price of handset is limited

to

Rs. 20000/-. After 3 years you would be entitled to puchase new handset subjected to the condition of the handset.

5. Your official Mobile expensed will be paid by the company Directaly to the service provider.