Allowance News
Use the company car, decline its leased flat, advise experts
New tax rules on perks need some smart changes in what you claim.
The new guidelines on taxation of perquisites, applicable from this year , which means that employees who have already benefited from these will have to pay tax with retrospective effect for doing so, for this entire year.
There are a few things, though, that they can do from next year to ensure their tax outgo is lower.
The guidelines
Allowance Galleries
|
|
