Trending @Accenture; Salary components
Can anyone tell me how to divide entire salary in different salary components in Accenture. How to choose % for different components and which tax regime is better?
At any level of money you are making, you should go for new regime. You can consider all the deductions and new will still make sense from this year onwards. Just that take PF as fixed and take NPS as 14% and make your basic at least 50-60% if you are allowed to change basic
Go with more basic and F selection in PF if you want more savings and tax benefits. If you want a certain limit in PF but want to manage the amount then put some in basic and rest in Personal/Other Pay (if you're L9 and above). HRA considers 40</50 if basic based on the city but I believe it won't matter if you choose New Regime. Choosing New/Old Regime depends on your investments but in general New Regime is preferable
