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Salary Break up

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 January 2010 Pls. help to Set Salary Breakup for asst. Yr. 10-11 to get maximum in hand with lower tax liability, having CTC of Rs. 10 lac.
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veena

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veena (Expert)
14 January 2010 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.

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