How to fix salary breakup for cbsc school
i.e if gross 26000, how much BASIC,DA,HRA
1 Replies
Kumar Gaurav
(Going...to be C.A soon...)
(1624 Points)
Replied 30 June 2015
Hi
There is a general practice to fix the salary break up in such a way so that minimum tax liab. arises-
Basic- 11700/-
HRA- 5850/- (for metro city)
DA & other allowance ie: Spcl. allowances- 8450/-
Other combinations can be fixed
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