Optimise salary structure
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 June 2012
Hi,
Can anyone guide me as to what deductions and exemptions can be claimed from income from salaries so as to minimise the tax incident?
Regards.
Can anyone guide me as to what deductions and exemptions can be claimed from income from salaries so as to minimise the tax incident?
Regards.
13 June 2012
HRA
Conveyance allowance
Reimbursements
Conveyance allowance
Reimbursements
13 June 2012
you can get HRA exemption.
conveyance allowance 800 p.m
medical reimbursement 15000 p.a.
children education allowance 200 p.m
other exempt allowances which are based on your posting
and if your employer agree then you can get reimbursement of telephone, petrol etc. But then it will not be included in your salary slip. So you can get problem while change of job to prove salary
conveyance allowance 800 p.m
medical reimbursement 15000 p.a.
children education allowance 200 p.m
other exempt allowances which are based on your posting
and if your employer agree then you can get reimbursement of telephone, petrol etc. But then it will not be included in your salary slip. So you can get problem while change of job to prove salary
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Sale of property furniture sale
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Tds on building rent monthly
- Confusion around Form 26QB fields
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
Trending Online Classes
CAclubindia
