How to Save Tax on Your Salary & Perquisites

 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.)