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Querist : Anonymous

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Querist : Anonymous (Querist)
18 May 2013 Dear Expert,

I want to know that whether there is any criteria to divide whole salary into Basic/HRA/other various allowance etc.

for ex: if Mr. X gets 10000/- as whole salary so how can i divide that 10000/- under Basic/HRA/Other allowances etc.

is there any % wise distribution???

Please tell me the way which is more beneficial for the Employees under Income tax Act.

Waiting for your valuable response......

Thanking you.
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CA.Vinita Gupta

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CA.Vinita Gupta (Expert)
18 May 2013 No Rule as such

But you can keep Basic as 40% of Salary.

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