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...
18 May, 2026, 11.23 AM IST
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...
13 May, 2026, 04.59 PM IST
Old vs new tax regime: Key differences that you must know before ITR filing for tax year 2026-27The new tax regime offers lower rates but removes many deductions, making a thorough comparison with the old regime crucial. While both reg...
05 May, 2026, 05.27 PM IST
RSU vs ESOP: Which is better for you as employee? Pros and cons explainedFrom vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...
04 May, 2026, 11.02 AM IST
Used meal card benefits? Form 12BA deadline alert: Why salaried employees must collect it by April 30 for filing ITR for AY 2026-27Salaried employees need to collect Form 123 from employers by April 30, 2026. This form details perquisites like meal card benefits. It is ...
30 Apr, 2026, 04.36 PM IST
Meal card reporting when filing ITR: How to do it correctly and claim tax benefits under both the old and new tax regimesSalaried employees can now claim meal card tax benefits under both old and new tax regimes from Tax Year 2026-27. For AY 2026-27, the benef...
24 Apr, 2026, 07.01 AM IST
Meal card tax benefit: Do you get it under the new tax regime?New Income-Tax Rules have clarified meal voucher benefits. The tax-free limit for employer-provided meal vouchers has increased to Rs 200 p...
06 Apr, 2026, 08.36 AM IST
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
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
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...
16 Jan, 2026, 07.55 AM IST
Big change in this tax free perquisite of a salaried employee in Budget 2025Budget 2025: Now more employees are eligible for tax free perquisite for any expenditure incurred by the employer for travel outside India ...
05 Feb, 2025, 11.15 AM IST
- Fringe benefit tax to hit employees with company cars
The new perquisite rules have been notified and are applicable from April 1, 2009, for the current financial year.
07 Jan, 2010, 01.33 AM 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
- Tax watch: Your effective take-home salary may increase
Your effective take-home salary could increase going forward if one were to go by the recent decision of the Special Bench of the Delhi Tri...
26 Dec, 2007, 08.53 AM IST
- Bonanza for salaried
Your effective take-home salary could increase going forward if one were to go by the recent decision of the Special Bench of the Delhi Tri...
25 Dec, 2007, 04.38 AM IST
- Job abroad? Be aware of taxes!
A recent decision by the IT Appellate Tribunal can impact those who receive net-of-tax salaries.
17 May, 2007, 10.15 AM IST
- On a foreign assignment? Check out net-of-tax salary
A recent decision by the IT Appellate Tribunal can impact those who receive net-of-tax salaries while on international assignments.
17 May, 2007, 04.00 AM IST