TMI Blogsalary structureX X X X Extracts X X X X X X X X Extracts X X X X ..... Monthly salary is 46000 , I request the expert to show how it can be structured to have minimum tax liability - Reply By Ganeshan Kalyani - The Reply = Tax can be saved by investing in various avenue. Sharing link for your reference. http://www.charteredclub.com/income-tax-deductions/ Additionally, some company pays salary by way lunch coupon, petrol expense allowance, etc. Which is not taxa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ble. This depends on certain criteria in an organisation. Pls check with your HR. - Reply By KASTURI SETHI - The Reply = Sh.Ganeshan Kalyani Ji, Thanks for enrichment of my knowledge. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = You have to ascertain the income for the whole year since you might have been given increment and other allowances etc., You may save ₹ 1,5 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0,000/- per year for which you have to show proof to your employer who will deduct tax from your salary and remit the same to the credit of the Government. Exemptions are there for which you can refer the provisions of income tax law or as indicated by Shri Ganeshan. - Reply By Ramaswamy S - The Reply = Your salary is 46000/- pm that translates to 5.52 lakhs pa. With HRA (40% of salary) and re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt paid, Conveyance (Rs 1800 pm), Medical Reimbursement (Rs 1250 pm) and the rebate for income under 5 lakhs, you may not be liable to pay income tax. Regards S.Ramaswamy - salary structure - Query Started By: - Kuldeep Kapoor Dated:- 20-3-2017 Income Tax - Got 4 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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