Mukesh Patel.in
practical tax & investment planning online
international tax expert / columnist / author / speaker

Perk up your Employee’s Diwali with a Tax-free Gift!

Gift Below Rs.5,000 On Ceremonial Occasion

Treated As Tax Free Perk Under I.T. Rules

“If you give what can be taken, you are not really giving,” quoted the noted Sufi author Idries. Trying to think of giving something to your employees during the coming festive season, out of which even the Taxman cannot take anything? Here is a smart idea!

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TDS Becomes Less Taxing!

TDS Rates Rationalized

No Messy Computation Of Cess & Surcharge

 October 1, 2009, has also brought some welcome provisions of rationalization of TDS rates and reducing multiple classifications (see Box). (more…)

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