practical tax & investment planning online
international tax expert / columnist / author / speaker
IS YOUR PAY PACKAGE REALLY TAX FRIENDLY?
Posted by
mukesh patel in
Save Tax - The Smart Way, Tax Clues - Ahmedabad Mirror on
Mar 28th, 2011 |
no responses
IS YOUR PAY PACKAGE
REALLY TAX FRIENDLY?
Enjoy Zero Tax on Rs.4.20 lakhs to just 7.77% on Rs.13.5 lakhs
By Smart Planning of your Annual Pay Package & Deductions!
The Income-tax Act provides for a number of allowances and perquisites which have been notified as tax free and every salaried taxpayer must endeavour to negotiate his pay package in a manner that the same can include such tax free allowances and perquisites. This would ensure that he is able to take maximum take-home pay per month with the minimum deduction of tax.
