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
CA Prashant Gupta
(Expert)
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
- GSTR9 Annual Return
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Ito add credit side of bank
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Employee secondment
- Rectification under processing even after 6 months cpc portal
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Import of Capital Machine
- LLP audit and disclosure
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
