Salary Structure to minimize income tax ?

POSTED BY shrin ON May 29, 2014 9:49 pm ONE COMMENT

Hi All,

I got an offer from a new employer. The salary structure is bit different from the previous company which is mentioned below. This comes under flexi options. I wanted to know what should I opt for in order to minimize income tax on my income.

  • House Rent Allowance (HRA)
  • Meal Allowance
  • Domiciliary Medical Allowance
  • Company Leased Car
  • Fuel (Personal Car)
  • LTA
  • Children Education Allowance
  • Supplementary Allowance

Any inputs will help. Thanks.

 

One reply on this article “Salary Structure to minimize income tax ?”

  1. Hemanth Chandra says:

    Please check with your new employer on which options and how much amount on each option is non taxable…. Then you decide

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