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2024

Salary structure in more than 40% of Indian companies is tax inefficient: Report

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A study by Pluxee India reveals that over 40% of companies in India have tax-inefficient salary structures, leading to lower take-home pay for employees. Optimizing benefits packages could potentially increase annual take-home salaries by up to Rs 1 lakh per employee, according to the study based on responses from over 16,000 executives across 97 companies. The research highlights that many employers are unaware of tax-saving opportunities that could enhance employee earnings.



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