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VOUCHER DEFINITION
Rules for faster full and final settlement, annual leave encashment & other provisions are already effective under new labour code even without state government notification, know what it meansNew labour code provisions are now effective across India from November 21, 2025. Employee benefits like faster full and final payments and...- Tax-free allowances rise, so do employer costs: The salary structuring dilemma under the Social Security CodeEnhanced tax-free allowances under the Income-Tax Rules, 2026 can improve employees’ take-home pay. However, the expanded definition of “wa...
- Spirit Airlines shutting down: why did Spirit Airlines fail and how to get your refunds right nowSpirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carri...
- 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...
- Meal vouchers at Rs 200 per meal: Who gets income tax benefit and how the ‘working hours’ rule appliesThe increase in the tax-exempt limit for employer-provided meals to ₹200 per meal under Rule 15 of the Income-Tax Rules, 2026 marks a signi...
- IHCL remains confident of achieving all its goals: MD and CEOIndian Hotels Company Limited, IHCL, is successfully managing global and local challenges. The company is expanding its brand portfolio acr...
- 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....
- 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...
- Is GST payable on gift card, voucher purchase? Govt clarifiesIn the electronic commerce space, vouchers have become a widely used tool to enhance customer engagement, drive sales, and optimize loyalty...
- India considers exempting gift vouchers from GST; Council to discuss key issuesThe GST Council is contemplating exempting gift vouchers from GST and reducing tax rates on insurance premiums. They are also considering a...
- GST Council meeting begins: Tax rate on electric cars, food delivery apps and flavoured popcorn on cardsThe 55th GST Council meeting in Jaisalmer deliberated on tax relief for insurance, increasing the tax rate on used EVs to 18%, clarifying t...
- Gift or not? The confusion over GST on promotional schemes run by businessesWhile the term ‘business’ has been defined under the Central Goods and Services Tax Act, 2017 (the CGST Act), there is no definite yardstic...
- Garena Free Fire Max: Codes out for December 28, get free gifts, weapons, skins and moreGet exclusive diamonds, new skins, weapons and many more cool vouchers for your game via today's daily redeem codes. Also get a chance to w...
- Gift cards, reward points not virtual digital assets, says CBDTThis will ensure that these products do not face the tax applicable on VDAs such as cryptocurrencies and non-fungible tokens (NFTs), introd...
- Reward points, e-vouchers out of crypto tax ambitGiven the wide definition of VDA, there were concerns that these assets acquired through regular transactions could be subject to crypto ta...
- Can e-RUPI become the game-changer for digital currency adoption in India?The introduction of e-RUPI will provide a new level to the governance of information technology. It has been met with enthusiasm by cryptoc...
- Don't levy Swachh Bharat Cess on telecom services: COAIGSM industry body COAI has asked the government that Swachh Bharat Cess should not be levied on telecommunication services as there are oth...
- Don't levy Swachh Bharat Cess on telecom services: COAICOAI has asked the govt that SBC should not be levied on telecommunication services as there are multiple other levies applicable on the in...
- Customer transactions through gift cards and coupons rise significantly during festive seasonAs in the West, Indians are increasingly avoiding the tension of hunting for suitable gifts, instead opting for gift cards and coupons this...
- Airtel, Idea, Vodafone, Tata Teleservices reducing freebies and talktime to up marginsTop mobile phone cos have begun new round of reducing freebies and slashing talktime on pre paid discount vouchers to increase sales.
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