Bifurcation of Salary
As we discussed in detail in our last article what is the meaning of salary and their component including the absolute and conditional exemption under salary http://semantictaxgen.in/salary-under-income-tax-and-tds , Now we can discuss to frame their ideal stucture for the various business.
Normally salary could be bifurcated as follows :-
#Location specific allowance hilly area allowance /tribal area allowance/ Underground allowance (These allowance could be shown alternatively as depends upon location) as the balance.
#In case of Government Servants Prequistes could be added facility such as Govt servants , Gardner, sweeper, Telephone and anything as could be applicable.