How to structure your salary and minimize tax liability

Understanding salary components and their taxation is crucial for employees to maximize their take-home pay. Components such as flexi benefits and reimbursements can help lower taxes, but employees need to provide receipts for these expenses. Employers can also offer perks that are not part of the salary, such as a phone or car for official use, which have their own tax benefits. The new tax regime offers lower tax rates but fewer tax-efficient tools. Employees should focus on post-tax salary rather than CTC or gross pay.

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