Salary breakup
SANJAY CHATURVEDI
(Querist) 12 May 2012
This query is : Resolved
One of my friends have recently joined a company with a gross salary of 50,000/= per month and a company car with maintainence. what should his breakup of salary be to save on taxes?
A V Vishal
(Expert) 12 May 2012
In absence of details not possible to advise properly, consult your tax consultant/CA
ashutosh mishra
(Expert) 13 May 2012
Break up would be available from his salary sheet itself.
Shonee Kapoor
(Expert) 13 May 2012
Ask your friend to get it as per the company policy. Fringe benefits are also taxed now.
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com
mahendrakumar
(Expert) 14 May 2012
since almost all components of salary is taxed,such break ups wont help in evading tax.