Your A-to-Z salary
and perquisite planner for lower taxes and higher take-home pay
Over 100 practical
tax-saving options for salary earners. Organised in a unique A to Z format for
instant reference.
Your take-home pay
depends both on your gross salary and how your pay package is planned.
You can easily
reduce your taxes and raise your take-home pay if you know which perk is taxable
and which is not. For instance, which is more advantageous — a medical
allowance, a medicare policy or medical reimbursement? In how many ways can you
reduce tax on house rent or accommodation allowance? And so on.
Here is the complete
salary and perquisite planner for both employers and employees by India's
leading taxation experts. R. N. Lakhotia & Subhash show how every salaried
taxpayer can substantially increase one's take-home pay through proper tax
planning of salary and perks — without any additional burden on the employer.
Do
you know that the following perks are tax-free?
-
Daily
allowance
-
Attendant
provided by an employer to help you perform official duties
-
Expenses for
maintaining personal office at residence
-
Medical
treatment in India and abroad
-
Conveyance
allowance
-
Uniform allowance.
(These are just
a few of the tax-saving perquisites covered in this book.)