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CAR PERQUISITE POLICY
Salary hike this appraisal season? New labour codes and tax rules may change your real take-home payAppraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...
Zero income tax on Rs 15 lakh CTC? Here’s how these allowances and perks can cut your tax under new tax regimeSalaried individuals can significantly reduce their tax liability under the new tax regime by strategically utilizing allowances and perqui...
New income tax rules from April 1, 2026: From HRA relief to new ITR deadlines, key changes explainedNew income tax rules: Significant income tax changes are coming from April 1, 2026, with the Income Tax Act of 2025 replacing the 1961 act....
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...
Big tax savings in old tax regime: Monthly hostel allowance of Rs 9,000; savings of Rs 89,000 on Rs 15 lakh salary, check the impact of draft income tax rules 2026New draft income tax rules for 2026 suggest higher limits for several allowances. Taxpayers in the old tax regime can save more income tax ...
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...
Have a CTC of over Rs 17 lakh? You can still pay zero tax just by rejigging your salary structure: Here's howSalary structure to pay zero tax: If your taxable income is more than Rs 12 lakh, there are ways that you can still pay zero tax. This can ...
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...
Budget 2024: Could aggressive tax and regulatory reforms supercharge India's consumer industry?The preferences of a tech-savvy and aspirational demographic are compelling companies to adapt, innovate and align their offerings to suit ...
Income tax: How can you save Rs 1.23 lakh tax with car lease finance as part of your salary?As your salary grows the avenues of saving income tax shrinks. However, car lease finance is an option that works better with higher salary...
Next few decades are India’s time; we have got tech & demographic dividend: Aditya PuriAditya Puri, former MD of HDFC Bank, argues that the Indian banking system has little systemic risk. While the US has recently experienced ...
Should you opt for the new income tax regime? Read this to find outVarious tax sops, be it for your salary perks or investments that you make, help reduce your tax outgo.
Perks, gifts to employees may come under GSTKeeping tabs on company perks and gifts will not be an additional enforcement cost to the govt, tax experts said as all purchases by compan...
From TCS to Tata Sons, N Chandrasekaran may lose crores in annual payIn his new role, Chandrasekaran will get a basic salary of up to Rs 4.8 crore a year with an additional variable component of 200%, or Rs 9...
Eight money tips to help young earners plan their financesThe twin behavioural devils of ignorance and procrastination push most people into their 30s before they get down to streamlining their fin...
Budget 2016: 6 ways to pay less tax, legallyHRA gives you a bigger break than a company flat? This is designed to help you understand the key tax proposals of the Budget and minimize ...
- Choose perks carefully to minimise tax impact
Indian and MNCs offer a variety of perks to retain talent. But one should opt for a perk based on its tax efficiency. Revised DTC: Changes ...
- New tax code skewed in favor of higher income groups
As the threshold is not raised from Rs 1,60,000, the benefit resulting from widening of the slabs is skewed in favor of higher income group...