Salary Break up
This query is : Resolved
11 December 2009
Dear Expert
Mr. R is received as a Salary Rs. 31500. Than for the employer benefit what should break up of Salary of Rs. 31500.
and for the benefit of Mr. R (employee) what should the breakup of his Salary
Regards
Mahesh Siradhana
Mr. R is received as a Salary Rs. 31500. Than for the employer benefit what should break up of Salary of Rs. 31500.
and for the benefit of Mr. R (employee) what should the breakup of his Salary
Regards
Mahesh Siradhana
16 December 2009
For the benefit of Mr.R, keep some portion of salary as HRA, conveyance allowance, childeren education allowance, medical allowance, LTA etc. so that he can claim those exemptions by fulfilling the relavant conditions.
For employer keep basic salary portion less so that his contribution to PF etc. will be minimised
For employer keep basic salary portion less so that his contribution to PF etc. will be minimised
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
