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Hi,
I am a freelancer.I am working for a company as an offsore employee.I joined the company in june,10 and they offer me total ctc 4.2 before that My salary was not taxable.
Now when I requested them to send me salary slip then they send me the below salasy breakup:
basic 17k ,HRA: 7K, Mobile : 1k ,Performance 10k
There is no PF and will not be added. I want to file my income tax so please could you suggest me what will be the best salary breakup for total CTC 4.2 lacs so I can request them to change this salary breakup.There may be add some other alternate allowance as exemption if i will request them but I have no idea about them.I'll be thankful if you can suggest me this breakup.
Thank you very much!

Hi !
The breakup of salary is not properly specified, it is showing only breakup of u r CTC. Please ask u r HR to generate :
EARNINGS :-
BASIC SALARY
HRA
CONVEYANCE/TRANSPORT
CHILD EDN. ALLOW.
DRESS ALLOW.
GRADE ALLOW.
DEDUCTIONS :-
PF CONTRIB.
PROF. TAX ( APPLICABILITY AS PER STATE )
ADVANCES IF ANY
TDS ON SALARY @ 10.30% P.M. ON UR BAL SALARY OF RS.2.60 LAC (1LAKH WILL BE EXEMPTED SUBJECT TO SUBMISSION OF INVESTMENT PROOF TO U R BY YOURSELF).
P.V.RAO

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