Trending @Accenture; Requesting Guidance on Optimizing Compensation Structure

I'm currently reviewing my compensation structure and would appreciate insights or suggestions on how best to restructure it for maximum efficiency, both in terms of current tax impact and future considerations.

Here’s a bit of context regarding my preferences and situation:

I want more cash in my salary(like maximum possible while keeping other factors like tax on mind). I prefer to invest the minimum in Provident Fund (PF) as I'd like to retain more liquidity in hand.

No NPS.

I do not reside in rented accommodation, so HRA exemptions are not applicable in my case.

The editable components in my structure include:

Basic Salary Personal Allowance Other Allowance HRA Meal Allowance LTA

My initial thought was to allocate the maximum possible percentage to Basic Salary to keep things straightforward, but I'm aware that might have longer-term implications (especially on PF contributions, gratuity, and taxable income).

Would love to hear from those with experience or expertise in this area:

Would maximizing Basic be the most efficient strategy in my case?

Are there tax-efficient ways to reallocate to components like Meal Allowance or LTA?

Any pros/cons I should be aware of regarding long-term benefits or retirement planning?

Open to any advice or pointers that can help structure this optimally.

Thanks in advance!