Taxpertise Accounting
Salary Structuring
Our Expertise
Smooth payroll, stress-free compliance!
Designing the right salary structure is more than just splitting compensation into basic pay and allowances. A well-planned structure ensures tax efficiency for employees, cost-effectiveness for employers, and compliance with labor laws and tax regulations. At Taxpertise Accounting, we provide tailored Salary Structuring Services that balance employee satisfaction with organizational efficiency.
Tax-Efficient Compensation Design
- Structuring salaries to minimize employee tax liability.
- Inclusion of exemptions, deductions, and reimbursements.
- Balance between fixed and variable pay.
Allowances & Benefits Planning
- HRA (House Rent Allowance), LTA (Leave Travel Allowance), and Medical Allowances.
- Meal vouchers, conveyance, and professional development allowances.
- Incorporation of tax-free benefits where permissible.
Employer Contribution Optimization
- Structuring PF, ESI, and gratuity for compliance and cost balance.
- Guidance on employer’s contribution to NPS and other retirement benefits.
Executive & Special Salary Packages
- Designing customized salary packages for senior management.
- Performance-linked incentives and stock option structuring.
Payroll Integration Support
- Aligning structured salaries with payroll software.
- Ensuring seamless processing of payslips, TDS, and statutory deductions.
Compliance & Advisory
- Ensuring adherence to labor laws, taxation, and corporate policies.
- Advisory on revisions during promotions, increments, or restructuring.