Hi,
I am looking for a consultant to help me design a salary structure for the fixed component of the salary.
Help needed help me with some inputs so as to what all componenets should be include in the breakup to maximize on the monthly take home and minimize the tax liability?
Here are a few details about the company..its a small company with only 5 employees in India so I am not sure if they are bound to take care of PF. professional tax, Gratuity, Super annuation etc or not..in either case what all percentages should be assigned to BASIC, HRA, Medical allowance etc to minimize the taxes..
Would appreciate any help at the earliest possible..Thanks!
Regards,
AM
I am looking for a consultant to help me design a salary structure for the fixed component of the salary.
Help needed help me with some inputs so as to what all componenets should be include in the breakup to maximize on the monthly take home and minimize the tax liability?
Here are a few details about the company..its a small company with only 5 employees in India so I am not sure if they are bound to take care of PF. professional tax, Gratuity, Super annuation etc or not..in either case what all percentages should be assigned to BASIC, HRA, Medical allowance etc to minimize the taxes..
Would appreciate any help at the earliest possible..Thanks!
Regards,
AM