What will be per month in hand salary? How can I reduce tax to get more in hand salary?

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I suppose your per month inhand salary would be around 65-70k and you can avail tax benefits as follows:
1. If you have Aadhar info of your landlord then apply for HRA amount equivalent to your house rent else just apply for HRA of 1L.
2. Your employer is providing you with 10% of basic in NPS, so that NPS you'll also have to apply for. Total NPS amount = 10% basic + 50k
3. You can apply upto 1.5L in some ELSS mutual fund or Tax Saving funds or Rural development plans or Sukanya Samridi Yojna.
4. You can avail Tax benefits on Life Insurance.
5. You can avail tax benefits on Home/Auto loan
Tax relief on loan is upto the interest of the loan amount only and there's a max cap to it as well of 2L/yr.... So you can avail upto 2L of tax benefit if you ha e a home loan per yr.

Ps:
Max(point-2 + 3+ 4) = 2L wherein max(point-2) = 50k, so max(point-2+3) = 1.5L
But there's no restriction on employers NPS amount.

Ps-2:
All this is for "Old Regime"
In "New Regime" there're no benefits.

I assume this is a salary breakup of PWC India since I received a similar one. Ur fixed would be 14lpa.

The flexible reimbursement would be the adhoc allowances like LTA, food etc. And NPS might be optional if you want to save tax on ur salary. So you can allocate it accordingly as per ur needs

So if you declare 80C, HRA, 80D(medical insurance benefits), NPS then you should be getting somewhere close to 1lpa.

Else you will get something within range of 90k to 1LPA

I got a similar structure from PwC India. I needed some clarification, this RFB part is totally optional, right? if we just take it in salary, i guess a 20% tax deduction will happen.. keeping in mind the slabs (old regime)

Thanks a lot

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