Tax Implications on Your Salary Income 1. To whom is this guide relevant? If you are earning income from salary and want to know ways to minimize your tax burden, then this guide will help you in reducing the tax liability by understanding all components of your CTC with regard to taxation. Go through the guide and start planning your investments in a way that you get maximum benefit. 2. What are the basic terms related to salary? Cost to Company (CTC) –This is the total cost that an employer incurs forSEE DETAILS
2