I have a total CTC as 686542. Can you pls help with me the CTC break-up for maximum tax benefits. Thanks.
From India, Mumbai
Acknowledge(0)
Amend(0)
From India, Mumbai
Acknowledge(0)Amend(0)
Basic - 40%
HRA - 40% of basic in non-metros or 50% of basic in metros
Conveyance allowance - Rs. 9600/- p.a (tax exempted)
Medical Assistance - Rs. 15000/- p.a. (tax exempted subject to production of proof)
Children Education Allowance - Rs. 2400/- p.a (maximum for 2 children @ Rs. 1200/- per child per annum)
Food coupons - Rs. 1350/- per month (Sodexo or Accor)
The remaining part as special allowance
From India, Lucknow
Acknowledge(0)Amend(0)
616HRA - 40% of basic in non-metros or 50% of basic in metros
Conveyance allowance - Rs. 9600/- p.a (tax exempted)
Medical Assistance - Rs. 15000/- p.a. (tax exempted subject to production of proof)
Children Education Allowance - Rs. 2400/- p.a (maximum for 2 children @ Rs. 1200/- per child per annum)
Food coupons - Rs. 1350/- per month (Sodexo or Accor)
The remaining part as special allowance
From India, Lucknow
Acknowledge(0)Amend(0)
Hi Damy,
Your CTC breakup cannot be decided offhand in this manner. It is always determined by the company management and HR as per the company policies. If you are part of the HR team, then you can suggest. Instead of seeking help here, you should consult your CA for the best breakup of CTC. At the same time, I would like to appreciate the breakdown provided by PON1965. Good one.
Regards, Gaurang
From India, Ahmadabad
Acknowledge(0)Amend(0)
Your CTC breakup cannot be decided offhand in this manner. It is always determined by the company management and HR as per the company policies. If you are part of the HR team, then you can suggest. Instead of seeking help here, you should consult your CA for the best breakup of CTC. At the same time, I would like to appreciate the breakdown provided by PON1965. Good one.
Regards, Gaurang
From India, Ahmadabad
Acknowledge(0)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.
CTC-Salary Break Up.pdf
Sathish.ctc and income tax planning.xls