Perquisites Under Income Tax: What's Taxable, What's Exempt
A company car or an interest-free loan from your employer isn't cash, but most of it is taxed like salary anyway. Here's how each perquisite is valued.
9 articles
A company car or an interest-free loan from your employer isn't cash, but most of it is taxed like salary anyway. Here's how each perquisite is valued.
Hiring through a contractor doesn't remove your own compliance obligations. A practical look at principal employer registration, licensing, and fallback liability.
ESOP exercise creates a real TDS obligation for employers, even though no cash changes hands. Here is how perquisite valuation and withholding actually work.
Full and final settlement is not one number. Here is what actually has to be paid, how fast, and where employers most often get gratuity, leave encashment, and deductions wrong.
A clear, practical breakdown of gratuity eligibility, the calculation formula, and how much of a retiring or resigning employee's payout is actually tax-free.
India's new labour codes redefine 'wages' for PF and gratuity purposes. Here is what has actually changed, what remains state-dependent, and what to check first.
A plain-English walkthrough of PF and ESI applicability, contribution rates, monthly filing deadlines, and the interest and penalties employers face for late payment.
Professional tax rules differ by state and even by city. Here's the general pattern, a few well-known examples, and a practical framework for multi-state employers.
The CTC number matters less than how it is split. A practical look at structuring basic pay, HRA, and allowances so the same cost works harder on both sides.