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How To Leverage Your Salary Structure To Minimize Tax Liability

How To Leverage Your Salary Structure To Minimize Tax Liability

Cost to Company (CTC) is the total salary that is agreed upon as an employee’s compensation. Net salary is the amount of money that comes in his or her bank account post taxation. One should ensure that the various perks, allowances available are used judiciously to maximize the net salary. The magical three words for most persons employed in the corporate world are ‘Salary is credited’. But there is a big difference in the compensation mentioned in your appointment letter…

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