Hi. I've been given an option by my employers to opt for Flexible Benefit Package where it allows an employee to fix up his / her own allowances keeping his / her commitments, Income Tax deductions in mind.
Basic Compensation Basic 87,500.00
Flexible Benefit Package * 2,21,541.00
HRA Transportation Allowance Car Lease Arrangement (Indicate the name of the car) Lease / Hiring Charges Fuel / Maintenance Charges Aggregate of 202 B.1 & 202 B.2 Children Education Allowance (Indicate the no. of children) Hostel Expenses (Indicate the no. of children) Telephone / Mobile Reimbursement Medical Reimbursement LTA Special / Additional Allowance Bonus
&nb sp; Variable Pay APDP 26,250.00
Retirals PF &nbs p; 10,500.00 Superannuation Gratuity 4,209.00 Sub Total 3,50,000.00.
Can someone help me in designing a structure where my monthly take home would be the maximum?
By BR
Other Benefits Personal Accident Insurance Premium Medical Insurance Premium White goods Cost to company (CTC) 3,50,000.00