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Where to keep our salary,

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(Querist)
04 November 2013 Dear all,

My friend is getting salary in hand @ 45000 to 50000 pm after deducting TDS, Professional Tax, PF and other statutory deduction.

Her monthly expenses is about 15000 pm.

So his salary bank account (saving account) accumulating by @ 30000 pm.

Is it beneficial as well as safety to keep salary in saving account in which online truncation carried on.

Any tips to keep salary amount safe.

Thank You
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
04 November 2013 He can do MIS {Monthly Income Scheme} account in single/joint name/s.,
can transfer such amount to a Saving account...

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