Hello seniors,
I am working as a region HR for a subsidary of US fortune 1000 company in Mumbai, Can someone throw some light on the various tax saving components that can be incorporated in the CTC structure especially for Senior management. It shoud be apart from the regular HRA, LTA, Meal Coupons, Transport as all this is already a part of current structure for us.
It would be great if someone can give details like about the vehicle maintanence or petrol reimbursement in the structure.
Apreciate your support :)
Yogesh
From India, Mumbai
I am working as a region HR for a subsidary of US fortune 1000 company in Mumbai, Can someone throw some light on the various tax saving components that can be incorporated in the CTC structure especially for Senior management. It shoud be apart from the regular HRA, LTA, Meal Coupons, Transport as all this is already a part of current structure for us.
It would be great if someone can give details like about the vehicle maintanence or petrol reimbursement in the structure.
Apreciate your support :)
Yogesh
From India, Mumbai
This is very dissapointing!! :( I posted it in this forum (Talk to seniors) as i wanted the most rationale inputs but unfortunately no one has replied.
From India, Mumbai
From India, Mumbai
Hi.......... You can bifurcate their salary in variable pays. Means if you wants to give them Tax benefits so make partial their salary as a Target based. Rgds bhagwan
From India, Mumbai
51From India, Mumbai
HELLO,
I AM SORRY TO KNOW THAT MEMBERS HAVE AT TIMES OVER LOOKED CERTAIN QUERIES PUT ACROSS BY OTHERS MEMBERS
I AM NOT MUCH INTO COMPENSATION AND BENEFIT, BUT I HAVE EFFECTIVELY LAUNCHED 401K PLAN IN MY COMPANY, FOR THE SENIOR MEMBERS OF THE COMPANY , AND THE SAME I FOUND TO BE VERY EFFECTIVE AND HAS BOUGHT LOTS OF RESPITE TO LOT OF SENIOR MEMBERS IN REGARDS TO TAX
401K PLAN CAN BE LOCATED BY A SIMPLE SEARCH IN GOOGLE
THANK YOU
OCTAVIOUS
From India, Mumbai
I AM SORRY TO KNOW THAT MEMBERS HAVE AT TIMES OVER LOOKED CERTAIN QUERIES PUT ACROSS BY OTHERS MEMBERS
I AM NOT MUCH INTO COMPENSATION AND BENEFIT, BUT I HAVE EFFECTIVELY LAUNCHED 401K PLAN IN MY COMPANY, FOR THE SENIOR MEMBERS OF THE COMPANY , AND THE SAME I FOUND TO BE VERY EFFECTIVE AND HAS BOUGHT LOTS OF RESPITE TO LOT OF SENIOR MEMBERS IN REGARDS TO TAX
401K PLAN CAN BE LOCATED BY A SIMPLE SEARCH IN GOOGLE
THANK YOU
OCTAVIOUS
From India, Mumbai
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SALARY CAN BE SPLIT INTO COMPONENTS BUT NOT LESS THAN THE MINIMUM WAGES.docx