SALARY PACKAGE

POSTED BY naresh_14 ON January 6, 2011 8:57 pm COMMENTS (3)

HOW TO WRITE/DIVIDE THE SALARY PACKAGE OF 18.0 LACS/ANNUM SO AS TO AFFORD THE LEAST OUTFLOW DUE TO TAXES (!)

3 replies on this article “SALARY PACKAGE”

  1. Yogesh Tiwari says:

    Make sure you divide and claim the flexi basket allocated in your package.

    Phone Bills
    Fuel
    Driver
    Dont buy car from your money, get it on lease from your company
    Claim LTC for your travel
    School tuition fees (though it is too less)
    Rebate on interest from your house loan…until DTC is enforced

    All in all, lesser you take home every month directly on 1st of each month, lesser you pay tax.

    Regards
    Yogi

  2. Anand says:

    Some article was there on rediff.com on how to best organise your salary. Search for that article.

  3. Sachin says:

    Your salary is too high dude. Hire a consultant 🙂

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