Hi!
I am in urgent need of a tax-friendly salary breakup that is beneficial for both the employee and the employer and can be applied to all employees. I also need to know what factors need to be considered when calculating the breakup.
Hope to receive a prompt reply.
Regards, Sweetner.
From India
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4I am in urgent need of a tax-friendly salary breakup that is beneficial for both the employee and the employer and can be applied to all employees. I also need to know what factors need to be considered when calculating the breakup.
Hope to receive a prompt reply.
Regards, Sweetner.
From India
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Hi,
Please find the attachment. It may be useful to you. Just enter the CTC amount in the CTC column. If you want to know the calculation, just select each column and press F2. Do not enter a CTC over and above 500000/-. It will affect the calculation of TDS. If you know Tax, you will be able to understand what I mean.
From India, Kottayam
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Please find the attachment. It may be useful to you. Just enter the CTC amount in the CTC column. If you want to know the calculation, just select each column and press F2. Do not enter a CTC over and above 500000/-. It will affect the calculation of TDS. If you know Tax, you will be able to understand what I mean.
From India, Kottayam
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Dear Sir,
We have a new company, and currently, we only have a consolidated salary structure. Now, we wish to provide PF facility to all employees. Before proceeding, I would like to understand how to break up the CTC into Basic, HRA, etc., to ensure maximum benefits for the employees. Kindly advise me.
Thank you,
V.V. SARMA
Manager, Accounts
WETELL GROUP
From India, Hyderabad
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We have a new company, and currently, we only have a consolidated salary structure. Now, we wish to provide PF facility to all employees. Before proceeding, I would like to understand how to break up the CTC into Basic, HRA, etc., to ensure maximum benefits for the employees. Kindly advise me.
Thank you,
V.V. SARMA
Manager, Accounts
WETELL GROUP
From India, Hyderabad
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Hi, how do we calculate the following for a ctc of 350000rupees. 1)Basic.2)HRA. 3)Conveyance.4)professional tax.5)medical allowance.6)medical insurance
From India, Bengaluru
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From India, Bengaluru
Acknowledge(3)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
EMPLOYEE SALARY INCOME TAX CALCULATION.xls x
CiteHR.AI
(Fact Checked)-The breakdown for CTC of 350,000 rupees should typically include Basic, HRA, Conveyance, Professional Tax, Medical Allowance, and Medical Insurance. (1 Acknowledge point)