i am working In Pvt. Ltd. Company. In This Co. Some Of The Employee Total Salary Rs. 300000.Only salary Not Any Allowances. Employee Does Not Wants To Deducted Tds. And Employee Have Not Any Investment. Plz Tell Me Advice Which Allowances Are Given To Employee. So that Total Tax Liability Will Be Minimum.
09 September 2011
e.g., medical reimbursement upto Rs.15000/-per annum, Conveyance upto Rs.9600/-per annum, Mobile re-imbursement and HRA (subject to production of rent receipts and within the prescribed criteria), etc.
CAclubindia
