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EV PERQUISITE VALUATION
Using company car for personal use? Income Tax Rules 2026 may increase your tax; here’s howNew Income Tax Rules 2026 will increase income tax for employees using company cars for personal reasons. The valuation of this perk has be...- Eliminate or reduce TDS, give relief on EV purchase and more; what Budget 2026 should do for individual taxpayers?Signed by the President on 21 August 2025, the New Income Tax Act focusses on cleaning up the tax code by removing obsolete provisions, con...
- 8th Pay Commission: What can be expected salary rise for Group A, B, C and D employees in 8th CPC?Central government employees and pensioners await the 8th Pay Commission's fitment factor decision, expected in late 2027. Experts predict ...
- Bring EVs and hybrid vehicles under car perquisite valuation framework in Budget 2026: ExpertsThe current car perquisite policy under the Income Tax Act, 1961, offers tax benefits for combustion engine cars but lacks clarity for elec...
- Budget 2026-27: Critical minerals, clean energy and MSME revival top Deloitte’s key asksIndia's upcoming Union Budget for FY2026-27 will focus on key reforms. Expect enhanced support for MSMEs and strengthened supply chains for...
- Income tax expectations from Budget 2025: Simplify income tax slabs, cut income tax rates, clarify residency laws, allow income tax refunds to overseas bank accountChanges introduced in the Union Budget 2024-25 indicate the Government's commitment to simplify the tax system, enhance compliance and prom...
- Hike basic exemption limit to Rs 5 lakh, cut income tax rates, further reduce number of TDS rates in Budget 2025: EYIncome tax slab expectations: EY has released a press release urging the government to announce certain measures in Budget 2025 to boost co...
- Budget 2024: Relief on buying EV, HRA rationalisation, higher tax deduction on health insurance premium and more, what to expectBudget 2024: Earlier this year, while presenting the Interim Budget 2024-25, Finance Minister Nirmala Sitharaman did not propose any change...
- As card-based fintechs seek Plan B, FPL Tech set for unicorn clubThe banking regulator has, however, told some fintech firms that they should seek licences to continue operating.
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