Kindly give the basic structure in office adminstration post. I like to know the detailed structure (basic range along with other factors like HRA, DA, LTA (if given), Medical benifits, etc) along with other benifits and is bonus applicable to all or not.
Thanks
From India, Calcutta
Thanks
From India, Calcutta
Hi ,
if you are planing for your own then i advidse you to manage the salary breakup as per following so that you can get the maimum benefit of tax.
Basic 50% of CTC
Coveyance : 800 (Tax Free)
Childrens education allowance : 200 max (Tax Free)
Hra 60% of Remaining amount,(Tax Free)
Medical should me 15K max (Tax Free against reimbursement)
LTA : 10% of CTC (Tax Free against reimbursement)
Meals vouchers (Tax Free)
balance amount you can show as spacial allowance.
if you are calculating this for your own employees.
then calculate FBT on the above mentioned reimbusement and less the amount from total CTC.
for any other help for Payroll out sourcing & Support ,plz do not hesitate to contact me at
Regards,
Yogesh Sharma
LTA :
From India, Delhi
11if you are planing for your own then i advidse you to manage the salary breakup as per following so that you can get the maimum benefit of tax.
Basic 50% of CTC
Coveyance : 800 (Tax Free)
Childrens education allowance : 200 max (Tax Free)
Hra 60% of Remaining amount,(Tax Free)
Medical should me 15K max (Tax Free against reimbursement)
LTA : 10% of CTC (Tax Free against reimbursement)
Meals vouchers (Tax Free)
balance amount you can show as spacial allowance.
if you are calculating this for your own employees.
then calculate FBT on the above mentioned reimbusement and less the amount from total CTC.
for any other help for Payroll out sourcing & Support ,plz do not hesitate to contact me at
Regards,
Yogesh Sharma
LTA :
From India, Delhi
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Creating a Competitive Salary Structure.doc
Salary Structure.zip