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
Higher income tax for salaried people for using company car: Taxable perquisite value to increase under the draft Income Tax Rule, 2026New draft Income Tax Rules for 2026 significantly increase the taxable value of company-provided motor cars. These changes, affecting both ...
10 Feb, 2026, 11.16 AM IST
Rent free house salary perk will be taxed differently from Sept 1: New CBDT rulesThe new rules are notified by the Central Board of Direct Taxes (CBDT) on August 18, 2023 and became effective from September 1, 2023. The ...
16 Oct, 2023, 11.22 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
How to fill the new details required in ITR-1Unlike last year, this year's form requires taxpayers to provide break-up of their salary income like taxable allowances and income from ho...
31 Aug, 2018, 09.44 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
- 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
- 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
- Pay tax for your club membership
Now, you’ll have to pay tax on club membership unless it is specified in your work contract that it is for official purpose
22 Dec, 2009, 07.45 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
- Govt official may find tony homes taxing under draft tax code
Gurgaon and Noida may soon look lucrative for top government officials who are presently enjoying their shine and rain in Lutyen's Delhi.
13 Sep, 2009, 07.33 AM IST
- Perks tweaked in line with FBT
The government has notified revised rules for perquisite valuation in line with its bid to make perks taxable.
05 Mar, 2005, 02.03 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
- New perk norms a relief for 2-wheeler owners
THIS should come as good news for two-wheeler owners. It has less to do with new models flooding the market, but relates more to the tax as...
18 Dec, 2001, 12.13 AM IST