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...
26 Mar, 2026, 05.19 PM IST
New I-T Act framework notified; taxpayer relief with stricter compliance from April 1New Income Tax Act rules are now in effect from April 1. These rules offer relief to taxpayers with increased house rent allowance limits i...
21 Mar, 2026, 12.44 AM IST
New Income Tax rules, 2026 notified: From HRA to company car to meal card, top six prominent changes which will impact salaried taxpayersThe Income Tax Rules, 2026 have been notified, introducing significant changes for salaried taxpayers. Key updates include revised motor ca...
20 Mar, 2026, 05.57 PM IST
Higher HRA, bigger tax-free perks: How draft Income-Tax Rules 2026 could boost your take-home payBudget 2026 introduces significant perquisite rule changes, lowering taxable housing valuations and increasing tax-free limits for educatio...
21 Feb, 2026, 08.00 AM IST
Company car perk gets costlier: Draft Income Tax Rules 2026 could add Rs 4,352 to your tax bill over car perks on Rs 15 lakh salarySalaried employees face increased income tax under draft Income Tax Rules, 2026, due to changes in company car perk valuation. Those using ...
17 Feb, 2026, 07.01 AM IST
Good news for salaried taxpayers: Limits for these two tax-free perquisites raised substantially in Finance Act, 2025Good news for salaried individuals. The Central Board of Direct Taxes (CBDT) has raised the income limits for tax-free perks. This change i...
23 Aug, 2025, 08.42 AM IST
Planning to buy electric car? What Budget 2023 can offer as income tax benefitsThere is a thrust from the govt to push electric vehicles to the common man. Many auto mobile companies are planning to launch electric veh...
05 Jan, 2023, 10.20 PM IST
10% TDS on benefits and shares given to directorsAs per the guidelines, TDS is required to be deducted even where benefits or perquisites may be used by owner, director, employee of the re...
17 Jun, 2022, 12.17 AM IST
- Know the tax burden on your salary package
Analysing the salary structure, esp in the middle or higher level, is a daunting task because of the various perks that are a part of it.
27 Sep, 2011, 06.43 AM IST
- 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 ...
29 Jun, 2010, 07.03 AM IST
- Perquisite valuation rules leave everyone in a tizzy
Perquisites are non-cash benefits and certain reimbursements received from the employer.
18 Mar, 2010, 01.18 PM IST
- Query Corner: Tax
Our expert helps you understand the complexities of tax in this weekly column.
09 Mar, 2010, 01.17 AM IST
- Perks to burn bigger hole as pre-FBT norms return
Perks such as cars, rent-free accommodation, stock option plan, etc have become taxable in the hands of employees now. Final worth of your ...
21 Dec, 2009, 12.34 PM IST
- Tax on perks to be effective from April 2009
Salaried employees may burn a hole in their pockets with govt all set to impose tax on all perks. Tax deduction on HRA received by staff | ...
20 Dec, 2009, 01.00 PM IST
- SC dismisses Income Tax Dept's appeal against Max India
The Supreme Court has dismissed the income tax department's appeal seeking to impose a penalty on Max India for failing to deduct TDS on pe...
27 Jul, 2008, 07.53 PM IST
- Perks lose their charm as taxing times come calling
Perquisites are benefits provided to an employee over and above his cash compensation. For a long time, perquisites were an area of tax pla...
14 Mar, 2008, 12.00 AM IST
- Govt all set to axe freebies on perks
Perks like accommodation, cars, interest on loans, educational facilities & use of laptops may come under scanner.
07 Feb, 2005, 11.53 PM IST