CHECK YOUR PAYSLIP QUOTIENT
Answers marked with a * are required.
 
1. Your company's name?
 
 
 
2. Your position in the company: *
 
 
 
3. What does compensation mean to you? *
      
 
 
 
4. Are you aware of your gratuity rights? *
 
 
 
5. Are you aware of the tax benefits or tax implications arising out of gratuity? *
 
 
 
6. Are you aware of the tax benefits/implications arising out of insurance benefits – life/health/dental offered to you by your company? *
 
 
 
7. Can you exchange benefits, like insurance, for cash in your company? *
 
 
 
8. Do you know if leave encashment has any tax implications? *
 
 
 
9. Was your compensation structure explained to you during induction? *
 
 
 
10. Did your HR educate you about the various schemes through which you could save taxes? *
 
 
 
11. Do you fully understand the various components on your pay slip? *
 
 
 
12. Are you able to account for the various fluctuations in your pay slip without seeking anybody’s help? *
 
 
 
13. What is the professional tax you pay per month? *
 
 
 
14. What is the LTA amount offered to you by your company? *
 
 
 
15. Do you know if you pay for the pick and drop cab/bus provided by your company? *
 
 
 
16. If given an option, what would you opt for - a telephone facility or a telephone allowance? *
 
 
 
17. Are you getting medical reimbursements or medical allowance? *
 
 
 
18. Do you know if it is you or your employer who pays for the Fringe Benefit Tax (FBT)? *
      
 
 
 
19. How may times can you claim LTA in a block of period? *
 
 
 
20. What is the maximum amount of tax exemption you can claim under 80cc? *
 
 
 
 
 

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