Pls correct if I am right for the below CTC...
CTC : 380000
Basic Rs. 14249 ( 45% of gross )
HRA : 5699 ( 40% of Basic ), City is Delhi, Company is Pvt Ltd.
Conveyance : 800
D.A. : 4274 ( 30% of Basic )
CCA : 2849 ( 20% of Basic )
Medical : 1000
Spl. Allow : 1700
Other : 1095
-------------------
Total : Rs. 31,666 /
Pls advise me the maxmimum examped slab for particual matter, what would be the TDS decuction. Not require to deduct PF & other. If anything is require to add ( for save TDS ) then also pls advise. Ur reply will highly appreciated. Rgds Roy
From India, Delhi
CTC : 380000
Basic Rs. 14249 ( 45% of gross )
HRA : 5699 ( 40% of Basic ), City is Delhi, Company is Pvt Ltd.
Conveyance : 800
D.A. : 4274 ( 30% of Basic )
CCA : 2849 ( 20% of Basic )
Medical : 1000
Spl. Allow : 1700
Other : 1095
-------------------
Total : Rs. 31,666 /
Pls advise me the maxmimum examped slab for particual matter, what would be the TDS decuction. Not require to deduct PF & other. If anything is require to add ( for save TDS ) then also pls advise. Ur reply will highly appreciated. Rgds Roy
From India, Delhi
I was thinking of exactly similar to what Mr. Roy has mentioned. Any expert advices on that?
From India, Pune
From India, Pune
hi royshanu,
I thing in your case structure should be as follows:
Basic Rs.190000,HRA Rs. 9500, Conveyance Rs. 800 Medical Reimbuirsement Rs, 1250 and balance Rs. 1117 as special allowance.
This would be simple and most tax saving structure.
Thanks
From India, New Delhi
I thing in your case structure should be as follows:
Basic Rs.190000,HRA Rs. 9500, Conveyance Rs. 800 Medical Reimbuirsement Rs, 1250 and balance Rs. 1117 as special allowance.
This would be simple and most tax saving structure.
Thanks
From India, New Delhi
hi royshanu,
I thing in your case structure should be as follows:
Basic Rs.19000,HRA Rs. 9500, Conveyance Rs. 800 Medical Reimbuirsement Rs, 1250 and balance Rs. 1117 as special allowance.
This would be simple and most tax saving structure.
Thanks
From India, New Delhi
I thing in your case structure should be as follows:
Basic Rs.19000,HRA Rs. 9500, Conveyance Rs. 800 Medical Reimbuirsement Rs, 1250 and balance Rs. 1117 as special allowance.
This would be simple and most tax saving structure.
Thanks
From India, New Delhi
Hi,
Basic - 12667/- (40% of Gross)
DA - 4750/- (15% of Gross)
HRA - 4433/- (35% of Basic)
CCA - 2533/- (20% of Basic)
Conveyance - 800/- (which is Exempted from Tax)
Medical Reimbursment - 1250/- (which is also exempted from Tax)
Spl Allow - 5234/-
Gross monthly - Rs.31666
Regards,
Pushpendra
From India, Delhi
Basic - 12667/- (40% of Gross)
DA - 4750/- (15% of Gross)
HRA - 4433/- (35% of Basic)
CCA - 2533/- (20% of Basic)
Conveyance - 800/- (which is Exempted from Tax)
Medical Reimbursment - 1250/- (which is also exempted from Tax)
Spl Allow - 5234/-
Gross monthly - Rs.31666
Regards,
Pushpendra
From India, Delhi
BEST SOLUTION; LOGICAL and legally compliant too.
Following are the good points :
Warm regards.
From India, Delhi
Following are the good points :
- HRA for Metros like Delhi is 50%
- DA has been RIGHTLY eliminated from the proposal, as it could lead to complications - if its not adjusted quarterly for rise in Inflation.
- Convevance @ Rs. 800 is tax-free
- Medical Reimbuirsement @ Rs, 1250 is tax-free
- Balance amount of Rs. 1117 has been given as special allowance.
Warm regards.
From India, Delhi
CCA:- City compensatory Allownce, which is almost 30% of Gross monthly or CTC yearly. regadrs,
From India, Delhi
From India, Delhi
Hi, I have calculated HRA & CCA on Basic Salary which is already indicated in bracket. pls recheck my post. Regards, Pushpendra
From India, Delhi
From India, Delhi
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